Elivision.co., Ltd announced a private placement of 200,000 shares, having par value of KRW 500, at an issue price of KRW 500 per share, for gross proceeds of KRW 100,000,000 on April 20, 2023. The transaction will include participation from new investor Jae-deok Yoo for 50,000 shares and Byunghyung Lee for 150,000 shares. The transaction has been approved by the board directors.

The transaction is expected to close on April 28, 2023.