CrystalGenomics, Inc. announced a private placement of 1,500,000 shares at a price of KRW 3,805 per share for gross proceeds of KRW 5,707,500,000 on July 29, 2022. The transaction will include participation from returning investor,Kumho HT, Inc. The shares will be issued at a premium and through third party allocation method. The shares will have a lock period of one year.

Post the closing, the number of shares will increase from 69,246,486 to 70,746,486. The payment date is August 8, 2022. The transaction has been approved by the board of directors of the company.