EMnI Co., Ltd. announced a private placement of 300,000 shares at issue price of KRW 1,000 per share for an aggregate gross proceeds of KRW 300,000,000 on September 15, 2022. The transaction will include participation from Emni Co., Ltd.Employee Stock Ownership Association. The transaction is expected to close on October 14, 2022.

The transaction has been approved by the board of directors of the company. The shares have a hold period of 1 year from the closing of the transaction.