On March 24, 2023, KG Mobility Corp. closed the transaction. The company has received KRW 108,500,000,000 in total funding.

The company issued 120th unregistered private placement convertible bonds for gross proceeds of KRW 30,000,000,000, and 121st unregistered coupon unguaranteed private convertible bonds for gross proceeds KRW 5,000,000,000 for aggregate gross proceeds of KRW 35,000,000,000.