MEDIZEN HUMANCARE Inc. announced a private placement of 107,142 common shares at a price of KRW 14,000 for gross proceeds of KRW 1,499,988,000 on December 7, 2021. The transaction will include participation from GDK Co., Ltd. The payment date is December 15, 2021. The capital will be increased through third party allocation method. The transaction has been approved by the board of directors of the company.