Harim Industrial Co., Ltd. announced a private placement of 30,000 common shares at an issue price of KRW 1,000,000 per share for gross proceeds of KRW 30,000,000,000 on April 16, 2021. The shares have face value of KRW 10,000. The transaction will include participation from returning investor NS Shopping Co., Ltd to retain its 100% stake in the company. The payment date is May 14, 2021. The company will raise funding through shareholder allocation increase. The transaction has been approved by the board of directors of the company.