DNF Co.,Ltd. announced that it expects to receive KRW 20.9635764 billion in funding from Samsung Electronics Co., Ltd.
July 27, 2021
Share
DNF Co.,Ltd. announced a private placement of 810,030 common shares at a price of KRW 25,880 per share for gross proceeds of KRW 20,963,576,400 on July 28, 2021. The transaction will include participation from Samsung Electronics Co., Ltd. The transaction is expected to close on August 11, 2021. The transaction was approved by the board of directors of the company.
The securities to be issued will have a lock-up period of one year. The company will receive funding through third party allocation.
DNF Co.,Ltd. is a Korea-based company engaged in the development, manufacture and marketing of chemical products used for semiconductor industry. The Company mainly produces amorphous carbon layer (ACL) products, which are used as hard mask film materials; atomic layer chemical vapor deposition (AL CVD) products, which are used for dynamic random-access memories (DRAMs) and flash memories; titanium nitride (TiN) products, which are used as diffusion barrier materials; superoxidase dismutase (SOD) products, and others, such as high-k precursors, silicon precursors and others. The Company also provides coating materials for automobiles, construction materials and others. In addition, it involves in the real estate rental business. The Company distributes its products within domestic market and to overseas markets, including China, Japan and Taiwan.
DNF CO.,LTD. 
