MoneyMove Co., Ltd. announced a private placement to issue 186,667 common shares at an issue price of KRW 7,500 per share for the gross proceeds of KRW 1,400,002,500 on June 12, 2024. The transaction will include participation from new investor Element Co., Ltd. The transaction has been approved by shareholders, restricted to a hold period and is expected to close on June 20, 2024.