Gencurix Inc. (KOSDAQ:A229000) announced a private placement of 100,000 common shares at a price of KRW 20,000 per share for gross proceeds of KRW 2,000,000,000 through third-party allotment, on August 21, 2020. The transaction has been approved by the board of directors of the company. The shares to be issued are subject to a hold period of 1 year. The payment date of the transaction is August 31, 2020.