G-Smatt Global Co., Ltd. (KOSDAQ:A114570) announced a private placement of 6,722,689 common shares of par value of KRW 500 per share and an issue price of at KRW 1,785 per share for gross proceeds of KRW 11,999,999,865 on January 16, 2019. The transaction will take place through a third-party allotment and will be subscribed by JS Holdings Co., Ltd. The payment date is January 24, 2019. The transaction has been approved by the board of directors. The scheduled delivery date of new share certificates will be February 12, 2019 and will be listed on February 13, 2019. The shares are subject to a lock up period of one year from the closing.