Hanil Vacuum Co., Ltd. announced a private placement of 13,355,592 common shares at an issue price of KRW 599 per share for gross proceeds of KRW 7,999,999,608 on February 9, 2023. The transaction will include participation from returning investor KPM TECH Co., Ltd. for 13,355,592 shares. The company is raising funding through third party allocation increase method.

All securities issued in the transaction have a hold period of one year. The transaction has been approved by the board of directors of the company. The transaction is expected to close on February 17, 2023.