Skin n Skin Co., Ltd. announced a private placement of 34,482,758 at the price of KRW 145 per share for gross proceeds of KRW 4,999,999,910 on December 9, 2021. The transaction will include participation from SGI Dolphin Small, Medium-Sized and Venture Enterprise M&A Fund a fund managed by Samho Green Investment, Inc. The company will issue shares at the par value of KRW 100 through third party allocation increase. The transaction has been approved by the board of directors of the company.

The payment date is December 21, 2021. The securities to be issued will have a hold period of 1 year.