Daewon Precision Industrial Company Limited announced that it will issue 160,000 common shares at a price of KRW 62,051 for aggregate gross proceeds of KRW 9,928,160,000 on May 9, 2024. The transaction included participation from returning investor, Daewon Kang Up Co., Ltd. The transaction has been approved by board of directors of Daewon Kang Up Co., Ltd. The transaction is expected to be close on June 27, 2024.