Kakao Healthcare Co., Ltd. announced that it will issue 3,000,000 common shares at an issue price of KRW 10,000 per share for gross proceeds of KRW 30,000 million on May 16, 2024. The transaction will include participation from returning investor, Kakao Corp. The transaction has been approved by the board of directors.

The company is expected to close the transaction on May 20, 2024.