People & Technology Ms, Inc. announced a private placement to issue 817,000 common shares at an issue price of KRW 3,060 for the gross proceeds of KRW 2,500,020,000 on April 16, 2024. The transaction will include participation from returning investor People & Technology Inc. The share are restricted to a hold period. The transaction has been approved by the shareholders and is expected to close on May 14, 2024.