MEDIPOST America, Inc. announced a private placement of 30,000,000 common shares at a price of KRW 1,380.6 for the gross proceeds of KRW 41,418,000,000 on April 23, 2024. The transaction will include participation from returning investor, MEDIPOST Co., Ltd. The transaction is expected to close on May 31, 2024. The transaction has been approved by the board of directors.