HANKOOK Technology Inc. announced a private placement of 10,000,000 common shares at a price of KRW 500 per share for gross proceeds of KRW 5,000,000,000 on January 12, 2023. The transaction will include participation from new investor, Day1 Holdings Inc. The shares will be issued at par. Post the closing, the number of shares will increase from 157,140,147 to 167,140,147.

The shares will be issued through third party allotment method and will have a hold period of one year. The payment date is March 15, 2023. The transaction has been approved by the board of directors of the company.