Vitzrosys. Co., Ltd announced a private placement of 46,255 common shares at a price of KRW 542.960090 per share for gross proceeds of KRW 25,114,619 on November 18, 2021. The company will issue the securities 3rd party allocation basis.

The transaction will include participation from Yeon Jeong Co., Ltd. The company expects to close the transaction on November 26, 2021. The transaction was approved by the board of directors of the company.