Mezzion Pharma Co.,Ltd. announced a private placement of 2,767,017 common shares at a price of KRW 18,070 per share for the gross proceeds of KRW 49,999,997,190 on April 19, 2023. The transaction will include participation from new investors, Kayne Holdings LP for 2,639,734 shares and Glamor Box Limited for 127,283 shares and BRV Capital Management for KRW 53,298,000,000. The transaction has been approved by the shareholders of the company. The share are restricted to a hold period of 1 year. The transaction is expected to close on June 20, 2023.

On June 12, 2023, The transaction included the participation from post to the closing new investors Kayne Holdings L.P. for 1,997,787 shares and Glamour Box Limited for 769,230 shares.