Vitzrosys. Co., Ltd (KOSDAQ:A054220) announced a private placement of 2,000,000 shares at a price of KRW 1,500 per share for gross proceeds of KRW 3,000,000,000 on June 7, 2021. The company will raise funding through third party allocation increase. The payment date is June 15, 2021. The transaction has been approved by board of directors of the company. The transaction will include participation from returning investor Woosu Precision Co.,Ltd. The securities issued are subject to hold period of one year from issuance.