Skin n Skin Co., Ltd. announced a private placement of 67,924,126 common shares of par value KRW 100 at a price of KRW 145 per share for proceeds of KRW 9,848,998,270 on December 9, 2021. The transaction will include participation from individual investors including Seung-il Noh, Ji-hwan Park, and Yong-min Lee for 2,068,965 shares each and other investors. The date of payment of shares is December 21, 2021. The transaction has been approved by the board of directors of the company. The securities that are being issued are subject to a lock up period of 12 months.