YJM Games Co., Ltd. announced a private placement of 1,457,728 common shares at the price of KRW 686 per share for gross proceeds of KRW 1,000,001,408 on November 1, 2023. The transaction will include participation from new investors Agile Stone Co., Ltd. for 1,166,182 shares; and Jae-bok Ji for 291,546 shares. The company will issue shares of par value of KRW 100 per share through third party allocation capital increase method.

The shares will be locked up for a period of one year. Post closing, the total number of shares issued will increase from 57,427,776 shares to 58,885,504 shares. The transaction has been approved by board of directors of the company.

The payment date for the transaction is November 27, 2023.