Studio Santa Claus Entertainment Co., Ltd. announced a private placement of 1,251,000 common shares at an issue price of KRW 3,080 for gross proceeds of KRW 3,853,080,000 on August 18, 2021. The transaction included participation from returning investor SL Vionics Co., Ltd. The transaction is expected to close on September 17, 2021. The transaction was approved by the board of directors of the company.