Glyde Co., Ltd announced a private placement of 50,000 common shares of face value KRW 10,000 per share at a price of KRW 100,000 for gross proceeds of KRW 5,000,000,000 on April 15, 2021. The company will issue shares through shareholder allocation increase method. The transaction has been approved by the board of directors of the company. The transaction is expected to close on May 24, 2021.