Digital Optics Co., Ltd. announced a private placement of 8,895,265 common shares of face value, KRW 1,000 at an issue price of KRW 3,485 per share for gross proceeds of KRW 30,999,998,525 on November 30, 2021. The transaction will include participation from Baek, Gye-seung for 5,882,353 shares and Kim, Hyun-ok for 3,012,912 shares. The transaction has been approved by the board of directors of the company. The shares to be issued are subject to a hold period of 1 year. The payment date is on December 8, 2021. The securities are issued through third-party allotment method. At resent, total number of issued shares are 13,405,502 shares.