NEMOCommerce Co.LTD. announced a private placement of 1,200,000 common shares at KRW 5,000 per share with existing investor Korea Information Engineering Services Co., Ltd. for gross proceeds of KRW 6,000,000,000 on April 27, 2015. The investor acquired 10.2% stake through this transaction and has increased its stake from 80.8% to 91% in the company. The investor will subscribe for 1.3953488 new shares for each share held in the capital of the company. The shares being issued carry a par value of KRW 5,000 per share. On the same date, the transaction was approved by the board of directors of the investor. The subscription date and the payment date of the transaction is April 27, 2015. The company reported total assets of KRW 6,389,000,000, total liabilities of KRW 1,700,000,000, total stockholders' equity of KRW 4,689,000,000, sales revenue of KRW 8,641,000,000, and net loss of KRW 282,000,000 for the year ended December 31, 2014.