LifeSemantics Corp. announced a private placement to issue 997,507 common shares at an issue price of KRW 2,005 per share for the gross proceeds of KRW 2,000,001,535 on April 17, 2024. The transaction will include participation from individual investor Seungjae Song.

The transaction has been approved by the shareholders and is restricted to a hold period and is expected to close on May 7, 2024.