Solco Biomedical Co., Ltd. (KOSDAQ:A043100) announced a private placement of 3,000,000 common shares at a price of KRW 500 per share for gross proceeds of KRW 1,500,000,000 on April 19, 2021. The transaction will include participation from individual investor Kim, Il. The transaction has been approved by the board. The payment date is April 28, 2021. The shares to be issued shall have a lock up period of 2 years.