Lightron Inc. announced a private placement to issue 3,250,000 shares at an issue price of KRW 1,539 for the gross proceeds of KRW 5,001,750,000 on March 5, 2024. The transaction will include participation from new investor Daesan Jutak Holdings Co., Ltd. for 3,250,000 shares. The transaction has been approved by the shareholders of the company and is expected to close on May 10, 2024.

The securities are restricted to a hold period of 1 year.