Cancer Rop Co., Ltd. (KOSDAQ:A180400) announced a private placement of 129,198 common shares at an issue price of KRW 7,740 per share for gross proceeds of KRW 999,992,520 on June 18, 2020. The transaction will include participation from returning individual investor Wang Joon Lee. The shares being issued pursuant to the transaction are subject to a hold period of 2 years. The shares have a face value of KRW 500 per share. The transaction has been approved by the board of directors of the company. The company will issue shares using third party allocation method. The transaction will have a payment date of June 29, 2020.