DA Technology Co.,Ltd. announced a private placement of 1,510,575 common shares at an issue price of KRW 3,310 per share for total gross proceeds of KRW 5,000,003,250 on September 22, 2022. The transaction will include participation from Jong Wook Lee for 906,346 shares and Dong Hwan Yooon for 604,229 shares. The transaction has been approved by board of directors of the company.

The expected date of payment is November 30, 2022.