Aniplus Inc. announced a private placement of 3,497,726 common shares at an issue price of KRW 2,859 for the gross proceeds of KRW 9,999,998,634 on November 8, 2022. The transaction will include participation from other investor Ridi Corporation for 3,497,726 shares. The transaction has been approved by the board of directors of the company.

The shares are restricted to a holding period of 1 year. The company issued shares through third party allotment. The transaction is expected to close on November 21, 2022.