SL Vionics Co., Ltd. announced that it will issue 1,529,850 shares of par value, KRW 500 at a price of KRW 2,680 per share for gross proceeds of KRW 4,099,998,000 on March 23, 2022. The company will issue shares through third party allocation increase. The payment date for shares is April 27, 2022.

The transaction has been approved by board of directors of the company. The shares are subject to a mandatory hold period of one year. The total number of shares issued prior to transaction are 7,499,535.