MEDIPOST America, Inc. announced a private placement of 35,000,000 common shares at a price of KRW 1,304.9 for the gross proceeds of KRW 45,671,500,000 on March 15, 2023. The transaction will include participation from returning investor, MEDIPOST Co., Ltd. The transaction has been approved by the shareholder's of the company. The transaction is expected to close on April 10, 2023.