SNK Global Co., Ltd. announced a private placement of 261,506 common shares issued KRW 15,296 per share for gross proceeds of KRW 3,999,995,776 on September 9, 2019. The transaction included participation from returning investor Fusion Co.,Ltd (KOSDAQ:A195440). The investor will continue to hold 100% stake in the company. The company issued the shares through third party allocation. The transaction was approved by the board of directors of the company.