SC Engineering Co., Ltd announced a private placement of 1,169,864 shares at a price of KRW 4,274 for gross proceeds of KRW 4,999,998,736 on October 12, 2021. The company will receive funding through third party allotment of capital. The payment date is October 21, 2021.

The securities issued will be subject to restriction period of one year from issuance.