LOTCS Co. , Ltd. announced a private placement of 100,000 common shares at a price of KRW 140,000 per share for gross proceeds of KRW 14,000,000,000 on January 26, 2022. The transaction included participation from returning investor LOT VACUUM Co., Ltd. The investor now holds 47.76% stake in the company.

The transaction was approved by the board of directors of the investor.