Neuros Co., Ltd. (KOSDAQ:A126870) announced a private placement of 6,317,955 common shares at a price of KRW 2,807 per share for gross proceeds of KRW 17,734,499,685 on January 11, 2021. The transaction will include participation from HSD Shanghai Hosungde New Energy Technology Co., Ltd. for 6,017,100 shares and HSD Korea Co., Ltd. for 300,855 shares. The transaction has been approved by the board of directors of the company. The shares to be issued are subject to a lock-up period of 1 year. The payment date is on June 30, 2021.