Protium Science Co.,Ltd. announced that it will issue 1,022,003 at an issue price of KRW 9,000 per share for par value of KRW 500 per share for gross proceeds of KRW 9,198,027,000 on March 8, 2023. The transaction was approved by the board of directors of the company. The transaction includes participation from Korea Investment Re-Up Fund II, a fund managed by Korea Investment Partners Co.

Ltd for 166,667 shares, Korea Investment SEA-CHINA Fund, a managed by Korea Investment Partners Co. Ltd for 55,556 share, Company K New Deal Fund for a fund managed by Company K Partners Limited 222,223 shares, Smart Bio Healthcare BNH Fund 5 , a fund managed by BNH Investment LLC for 222,223 shares, IMM-KIS Advanced Venture Fund 1 for 111,111 shares, IMM-KIS Advanced Venture Fund 2 for 111,111 shares, IBKC-Daily Bio Healthcare Fund 1 for 111,112 shares and Kim Hoon-taek for 22,000 share. The share issued through third party allocation method.

The transaction is expected to close on March 10, 2023.