IokCompany Co., Ltd. announced a private placement to issue 1,438,848 common shares at an issue price of KRW 4,632 for the gross proceeds of KRW 5,999,996,160 on June 26, 2024. The transaction will include participation from returning investor DMOA Co., Ltd. The transaction has been approved by shareholders, restricted to a hold period and is expected to close on July 5, 2024.