DiNonA Inc. (XKON:A086080) announced a private placement of 5,457,025 shares at an issue price of KRW 3,665 per share for gross proceeds of KRW 19,999,996,625 on July 1, 2020. The transaction will include participation from new investor Kumho HTC Co., Ltd. The company is raising funding through third party allocation increase. The transaction is expected to close on July 31, 2020. All securities issued in the transaction have a hold period of one year. The transaction has been approved by the board of directors.