Hasami Co., Ltd. announced a private placement of 671,400 common shares at the price of KRW 5,000 per common share for gross proceeds of KRW 3,357,000 on August 17, 2022. The scheduled subscription start date and end date is August 19, 2022. The payment date for the transaction is August 19, 2022.

The transaction has been approved by the board of directors of the company. The transaction included participation from other investor Kolon Global Corporation for 303,400 shares for KRW 1,517 million. The investor will hold 67.78% stake in the company post completion of the transaction.