Tomorrow Medical System Co. Ltd announced a private placement of 20,000,000 shares at a price of TWD 10 per share for the gross proceeds of TWD 200,000,000 on June 27, 2022. The shares issued have a par value of TWD 10 per share.

The transaction will include participation from existing shareholders. The transaction is expected to close on July 1, 2022. The transaction has been approved by the board of directors of the company.