Seoul Semiconductor VINA announced a private placement of common shares for gross proceeds of KRW 16,153,469,956 on February 3, 2021. The transaction will include participation from returning investor Seoul Viosys Co., Ltd (KOSDAQ:A092190) to retain its 50.8% stake in the company. The transaction has been approved by the board of directors of the company. The payment date is March 5, 2021.