ISC Co., Ltd. announced a private placement of 3,797,587 common shares at an issue price of KRW 52,665 per share for the gross proceeds of KRW 199,999,919,355 on July 7, 2023. The transaction will include participation from returning investor Helios Private Equity for 474,698 shares and new investor SKC Co., Ltd. for 3,322,889 shares. The transaction has been approved by the shareholders of the company.

The shares are restricted to a hold period of 1 year. The transaction is expected to close on September 27, 2023.