Eden Entertainment Co., Ltd. announced that it has issued 7,812 redeemable convertible preferred stock at a price of KRW 396,825.396825 for gross proceeds of KRW 3,100,000,000 on May 13, 2024. The transaction included participation from new investor JYP Entertainment Corporation for KRW 396,825.396825, and will receive 20% stake in the company.