AIIT ONE Co., Ltd. announced a private placement of 10,351,966 common shares at the price of KRW 966 per common share for gross proceeds of KRW 9,999,999,156 on August 26, 2022. The transaction will include participation from new investor K Impact Fund for 10,351,967 shares through third party allocation method. The shares will be locked up for a period of one year.

The payment date for the transaction is October 26, 2022. The transaction has been approved by the board of directors of the company.