Lightron Inc. (KOSDAQ:A069540) announced a private placement of 1,544,401 common shares at a price of KRW 2,590 per share for gross proceeds of KRW 3,999,998,590 on December 3, 2020. The transaction will include participation from Daesan Jutak Holdings Co., Ltd. The transaction has been approved by board of directors of the company. The securities issued are subject to hold period of one year from issuance. The transaction is expected to close on December 11, 2020. The company will receive funds through third party allocation.