Digital Optics Co., Ltd. announced a private placement of 4,465,709 common shares of par value, KRW 1,000 at an issue price of KRW 3,135 per share for gross proceeds of KRW 13,999,997,715, 2,390,438 common shares of par value, KRW 1,000 at an issue price of KRW 5,020 per share for gross proceeds of KRW 11,999,998,760; for aggregate gross proceeds of KRW 25,999,996,475 on October 28, 2021. The transaction will include participation from Noble Bio Co., Ltd. for 4,465,709 shares, Daily ENM Co., Ltd. for 2,390,438 shares. The transaction has been approved by the board of directors of the company.

The shares to be issued are subject to a hold period of 1 year. The payment date of 4,465,709 shares is on December 17, 2021, and for 2,390,438 shares is on November 22, 2021. The securities are issued through third-party allotment method.