Medip MEDIPOST CDMO Co., Ltd. announced that it will issue 300,000 shares for gross proceeds of KRW 15,000,000,000 on June 27, 2023. The transaction will include participation from new investor MEDIPOST Co., Ltd. The company will issue shares through acquisition of cash. The payment date for shares is July 4, 2023.

The transaction has been approved by board of directors of the company. The total number of shares issued prior to transaction are 922,000 shares.