Mlc Company Ltd. announced that it will issue 1,000,000 common shares at an issue price of KRW 10,000 for gross proceeds of KRW 10,000,000,000 on August 30, 2023. The transaction included participation from returning investor IS DongSeo Co., Ltd. The transaction was approved by the board of directors of the company. The securities are issued through shareholder allocation method.

The transaction is expected to close on September 15, 2023.