BDI CO., LTD. announced a private placement of 4,662,973 common shares at KRW 2,166 per share at a discount of 10% for gross proceeds of KRW 10,099,999,518 on October 19, 2021. The shares carry a par value of KRW 500 each. The transaction will include participation from existing investor Seung-man Ahn. The transaction is by way of third party capital increase. The payment date for the shares is expected on October 27, 2021. The shares are subject to a hold period of one year from the date of issue. The transaction has been approved by board of directors of the company.