Meridian Bioscience, Inc. announced a private placement of 43,827,819 shares at a price of KRW 5,891.809592 per share for gross proceeds of KRW 258,225,164,400 on June 12, 2023. The transaction will include participation from new investor Columbus Holding Company for KRW 258,225,164,400. The company will issue common shares in the transaction.

The transaction is expected to close on July 28, 2023.