Eugene Ent Co., Ltd. announced that it has issued 32,199,000 common shares at an issue price of KRW 10,000 per share for the gross proceeds of KRW 321,990,000,000 on February 13, 2024. The transaction included participation from new investors Tongyang Inc for 15,777,510 common shares for the gross proceeds of KRW 157,775,100,000 and Eugene Corporation for 16,421,490 common shares for the gross proceeds of KRW 164,214,900,000. The transaction has been approved by the board of directors of the company.

The company issued common shares through Shareholder allocation.