Chungho Ict Co.,Ltd. announced that it expects to receive KRW 15.00000047 billion in funding from JAT Holdings PLC
On Same date, the company announced a private placement to issue 5,494,506 common shares at an issue price KRW 910 per share for gross proceeds of KRW 5,000,000,460. The transaction included the participation from returning investor JAT Holdings PL for 5,494,506 shares. The company will issue shares through third-party allocation. The company is expected to close the transaction on July 19, 2023.