LIS Co., Ltd. announced a private placement of 132,322,523 common shares at an issue price of KRW 500 per share for gross proceeds of KRW 66,161,261,500 on April 19, 2023. The transaction will include participation from new investors, TRUMPF Korea Co., Ltd. for 12,823,570 shares, HB Savings Bank for 32,466,144 shares, Inno6 Inc for 4,347, 966 shares, returning investor, JW Alliance Co Ltd for 2,587,911 shares and individual investor, Oh-ho Yoo for 1,848,280 shares. The transaction has been approved by board of directors of the company.

The expected date of payment is April 28, 2023. The method of capital increase is through third party allocation.