Ace Camper Co.,Ltd. (XKON:A322190) announced a private placement of 1,420,000 common shares at a price of KRW 2,800 per share for the gross proceeds of KRW 3,976,000,000? on April 28, 2021. The transaction will include participation from Koreacenter Co.,Ltd. (KOSDAQ:A290510).

The transaction has been approved by board of the company. The transaction is expected to close on May 28, 2021. The securities to be issue in the transaction are subject to one year hold period.