Mirae Sci Co., Ltd. (KOSDAQ:A028040) announced a private placement of 4,000,000 common shares at an issue price of KRW 500 per share for gross proceeds of KRW 2,000,000,000 on January 15, 2020. The shares have a face value of KRW 500 per share. The company will issue shares through third party allocation method. The shares will have a statutory hold period of one year. The transaction has been approved by the board of directors of the company. The transaction is expected to close on January 23, 2020.