IMAGINE ASIA Co.,Ltd. (KOSDAQ:A036260) announced a private placement of 8,097,165 shares at a price of KRW 741 per share for gross proceeds of KRW 5,999,999,265 on July 5, 2019. The transaction will include participation from new individual investor Hyungjo Ahn. The shares will be issued at a premium of 10.1%. Post the closing of the transaction, the number of shares will increase to 43,776,281. The securities are subject to lock period of 1 year. The securities will be issued by way of 3rd party allotment. The payment date is August 22, 2019. The transaction has been approved by the board of directors of the company.