Innowise Co.,Ltd announced that it will issue 30,000,000 common shares at an issue price of KRW 500 per share for the gross proceeds of KRW 15,000,000,000 on February 7, 2023. The transaction will include participation from BSP Co., Ltd. for 8,189,307 shares , returning investors E-Tron Co., Ltd for 3,975,390 shares, Epharm Bio Fund for 2,898,870 shares, Gangnam Cheol for 1,637,862 shares, Wonha Park for 1,637,862 shares, Kirin Modular Co., Ltd. for 1,399,046 shares, YK Partners Co., Ltd. for 818,946 shares, Yangmook Kim for 818,931 shares, Yeonsu Son for 818,931 shares, Seho Lee for 818,931 shares, Changhyun Lee for 818,931 shares, Seongtaek Lim for 818,931 shares, Lee Chang-no for 802,798 shares, Maneuverability for 450,413 shares, Jaesoon Won for 262,058 shares, Namgi Lee for 240,236 shares, Sungyong Kim for 227,846 shares, Taesik Yoon for 215,379 shares, Jungwoo Ryu for 188,354 shares, Taewoong Kwak for 185,048 shares, Park Hoe-kyung for 181,434 shares, Jo In-seop for 170,411 shares, Dongjin Lee for 163,264 shares, Jongseok Kang for 139,218 shares, Lee Dong-bok for 139,218 shares, Jaehyun Kim for 131,743 shares, Kang Sang-sik for 121,271 shares, Youngdong Kim for 119,698 shares, Hyeokjin Kwon for 98,918 shares, Insoo Choi for 98,272 shares, Yoonyoung Lee for 93,455 shares, Kiyoung Ahn for 93,053 shares, Jong-won Park for 89,312 shares, Jeongseon Seo for 82,898 shares, Hocheol Lee for 82,665 shares, Hojun Ji for 82,013 shares, Kang Yi-soon for 81,893 shares, Taehwan Oh for 81,893 shares, Choi Sang-gyun for 81,097 shares, Junghyun Jang for 78,806 shares, Yunseop Kang for 78,699 shares, Youngseok Lee for 78,295 shares, Sanghyun Joo for 73,704 shares, Hyungcheol Choi for 72,793 shares, Hyunho Lim for 66,047 shares, Shinyeon Lee for 65,975 shares, Seongdeok Oh for 65,514 shares and Yeonmi Jo for 64,371 shares. The transaction has been approved by the board of directors and is expected to close on February 22, 2023.

The shares are restricted to a hold period of one year from the date of issuance.