HK inno.N Corporation announced a private placement of 934,579 common shares for KRW 53,500 per share for a gross proceeds of KRW 49,999,976,500 on April 21, 2021. The transaction will include participation from returning investor Kolmar Korea Co., Ltd. (KOSE:A161890). The transaction was approved by the board of the company and is expected to close on April 22, 2021.