Eugenus, Inc. announced a private placement of 20,000,000 common shares at a price of KRW 1,001 per share for gross proceeds of KRW 20,027,700,000 on May 14, 2019. The transaction will include participation from Eugene Technology Co.,Ltd. The expected payment date for the transaction is May 15, 2019. The transaction has been approved by the board of directors of the company.