Carebet Co., Ltd. announced that it will issue 142,850 common shares at an issue price of KRW 21,000 per share for the gross proceeds of KRW 2,999,850,000 on October 28, 2023. The transaction will include participation from new investor Genesystem Co., Ltd. The transaction has been approved by the board of directors of the company. The transaction is expected to close on October 31, 2023.