LIS Co., Ltd. announced a private placement of 2,653,927 common shares at a price of KRW 1,884 per share for gross proceeds of KRW 4,999,998,468 on March 18, 2022. The transaction will include participation from retuning investor, Yawei Precision Laser Korea Co., Ltd. Post the closing, the number of shares will increase from 20,685,986 to 23,268,260. The shares will be issued through third party allotment method.

The shares will be issued at a premium. The payment date is May 31, 2022. The transaction has been approved by the board of directors of the company.