Xperix Inc. announced a private placement to issue 708,266 common shares at an issue price of KRW 14,120 for the gross proceeds of KRW 10,000,715,920 on July 17, 2023. The transaction will include participation from new investors Donghyuck Cho for 354,133 shares and Sangcheol Yoon for 354,133 shares. The transaction has been approved by the general shareholders and is expected to close on August 31, 2023.

The shares are restricted to a hold period of one year.