KOSSEN Co., Ltd. announced a private placement 865,000 shares at an issue price of KRW 1,155 per share for gross proceeds of KRW 999,999,000 on March 10, 2022. The transaction will include participation from Hee-ja Shim for 346,320 shares, Ki-baek Kim for 346,320 shares, Eun-ah Kim for 173,160 shares. The company is raising funding through 3rd party allocation increase. The payment date is March 29, 2022. The transaction has been approved by the board of directors.