HIMS Co., Ltd. announced that it expects to receive KRW 5.36592 billion in funding
June 29, 2018
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HIMS Co., Ltd. (KOSDAQ:A238490) announced a private placement of 4,800,000 common shares at a price of 1,117.90 per share for gross proceeds of KRW 5,365,920,000 on June 29, 2018. The transaction is expected to close on July 6, 2018. The transaction has been approved by the board of directors of the company.
Hims Co Ltd is a Korea-based company principally engaged in the manufacture and distribution of organic light emitting diode (OLED) equipment. The Company operates three businesses. The OLED equipment business mainly provides OLED mask tensioner, gap long side tensioner, manual repair machine, measuring and inspection instrument. The non-OLED equipment business mainly provides display infrared ray (IR) filter inspector, semiconductor pellicle inspector and blood sugar inspector. The Company also provides vision modules such as tool inspector, bolt inspector, connector inspector and marking inspector, and vision parts such as cameras, industrial lighting, lighting cables and communication board.