Haptrics Co., Ltd. announced a private placement of 129,545 shares at a price of KRW 3,680 per share for gross proceeds of KRW 500,043,700 on August 24, 2018. The transaction included participation from new investor Iljin Display Co., Ltd. (KOSE:A020760) and acquired 12% stake in the company. The transaction has been approved by the board of directors of the investor. The company has reported total assets of KRW 88,000,000, total liabilities of KRW 1,870,000,000, total capital of KRW -1,782,000,000, capital of KRW 950,000,000, sales of KRW 25,000,000, and net loss of KRW 1,366,000,000 for the year ended December 31, 2017.