Samyang Holdings USA, LLC announced that it will raise KRW 233,022,200,000 ($179,000,000) in an equity round of funding on December 5, 2023. The transaction will include participation from returning investor, Samyang Holdings Corporation. The company will raise funds through cash acquisition method.

The transaction has been approved by the board of directors of the company. The transaction is expected to close on December 8, 2023.