Zaigle Co., Ltd. announced a private placement of 1,760,563 common shares at a price of KRW 17,040 per share for the gross proceeds of KRW 29,999,993,520 on April 4, 2023. The transaction included participation from XT ESS FUND. The company will issue shares through third-party allotment.

The transaction has been approved by the board of directors of the company. The transaction is expected to close on May 15, 2023. The securities are restricted to a hold period.