LIS Co., Ltd. announced a private placement of 1,595,745 shares at an issue price of KRW 4,700 per share for gross proceeds of KRW 7,500,001,500 on December 17, 2021. The transaction will include participation from returning investor Yawei Precision Laser Korea Co., Ltd. The transaction is expected to close on January 25, 2022. The transaction was approved by the board of directors of the company.

The securities to be issued will have a hold period of one year. The company will receive funding through 3rd party allocation.