CJ CGV Co., Ltd. announced a private placement of 16,977,928 common shares at a price of KRW 5,890.00024 for the gross proceeds of KRW 99,999,999,994.70272 and 43,147,043 common shares at an issue price of KRW 10,300.000166 for the gross proceeds of KRW 444,414,550,062.4091; aggregate gross proceeds of KRW 544,414,550,057.1119 on August 22, 2023. The transaction will include participation from returning investor, CJ Corporation.