B-bros announced a private placement of 122,564 common shares at KRW 8,159 per share for gross proceeds of KRW 999,999,676 on December 16, 2016. The transaction included participation from new investor LabGenomics Co., Ltd. (KOSDAQ:A084650). The investor acquired 6.79% stake in the company. The transaction has been approved by the board of directors of the investor. The company has reported total assets of KRW 455,000,000, total liabilities of KRW 493,000,000, total capital of KRW 38,000,000, capital of KRW 260,000,000, sales amount of KRW 110,000,000 and net loss of current period of KRW 254,000,000 for the year ended 2015.