Kolon Lifestyle Company Co., Ltd. announced a placement of 10,000 common shares at an issue price of KRW 50,000 per share for gross proceeds of KRW 500,000,000 on April 19, 2024. The transaction will include participation from new investor Kolon Mobility Group Corporation for 10,000. The transaction has been approved by board of directors of the company.

The method of capital increase is through shareholder allocation.