Smart Golf Co.,Ltd. announced that it will issue 678,125 shares of par value, KRW 100 at a price of KRW 320 per share for gross proceeds of KRW 217,000,000 on July 13, 2022. The transaction will include participation from Hee-won Kwon for 9,375 shares, Young-gon Kim for 9,375 shares, Hee-beom Yang for 3,125 shares, Jun-beom Shin for 15,625 shares, Ki-seok Park for 15,625 shares. and Chris World The Residence for 625,000 shares.

The transaction is expected to close on August 3, 2022. The transaction was approved by the board of directors of the company. The company will receive funding through third party allocation.

The shares are subject to a hold period of one year. Prior to the transaction, the company has 27,394,458 total number of shares issued.