Zizle Co.,Ltd. announced that it expects to receive KRW 2.999997 billion in funding from Hansol PNS Co.,Ltd.
September 27, 2021
Share
Zizle Co.,Ltd. announced a private placement of 13,000 common shares at the price of KRW 230,769 per share for gross proceeds of KRW 2,999,997,000 on September 27, 2021. The transaction will include participation from Hansol PNS Co.,Ltd. The company will issue shares through third party allocation method. The transaction has been approved by board of directors of the company. The payment date for the transaction is October 29, 2021.
On the same day, the company received KRW 600,000,000 in its first tranche.
Hansol PNS Co., Ltd. is a Korea-based company mainly engaged in the distribution of paper products. The Company mainly operates in three business segments: paper products distribution segment, which distributes printing paper, paper board, newspaper paper products and other paper products; information technology (IT) service segment, which provides integrated system construction and maintenance services, and packaging segment, which manufactures cardboards used as packaging materials. On July 1, 2013, the Company merged with Hansolpaper Merchandising Co.,Ltd, a Korea-based company mainly engaged in the paper sales. After the merger, the Company survives and Hansolpaper Merchandising Co.,Ltd was dissolved.
HANSOL PNS CO.,LTD. 
