Mason Capital Corporation (KOSDAQ:A021880) announced a private placement 52,000,000 common shares at a price of KRW 500 per share for gross proceeds of KRW 26,000,000,000 on March 10, 2021. The transaction will include participation from Cactus Buyout 6 Private Equity Partnership. The transaction will take place through third party allotment. The securities are subject to a hold period of one year. The transaction was approved by the board of directors of the company. The transaction is expected to close on April 22, 2021. The share issued at par value.