KH Feelux Co., Ltd. announced a private placement of 1,644,737 common shares at a price of KRW 3,040 per share for gross proceeds of KRW 5,000,000,480 on June 23, 2021. The transaction involved participation from returning investor KH Electron Co.,Ltd. The transaction was approved by the board of directors of the company. The par value of the shares to be issued is KRW 500 per share.

The company will issue shares through third party allocation method. The payment date is August 27, 2021. The shares to be issued will have a hold period of one year, post the closing.