Abion Inc. annoounced a private placemen to issue 1,378,079 shares at an price of KRW 6,168 for the gross proceeds of KRW 8,499,991,272 on December 18, 2023. The transaction will include participation from new investor ST No. 39 New Technology Investment Fund for 1,297,016 shares and individual investor Shin Young Ki for 81,063 shares.

The transaction has been approved by the shareholders of the company and is expected to close on December 26, 2023.