YJM Games Co., Ltd. (KOSDAQ:A193250) announced a private placement of 8,510,640 common share at a price of KRW 1,410 per share for an aggregate gross proceeds of KRW 12,000,002,400 on August 9, 2019. The transaction was approved by the board of directors of the company. The company is raising funds through third party capital increase. The shares have a par value of KRW 100 per share. The transaction is expected to close on November 15, 2019. The shares have a hold period of one year.