SSD Co Ltd announced a private placement of 3,000,000 common shares at KRW 1,000 per share with existing investor, S&S TECH Corporation for gross proceeds of KRW 3,000,000,000 on April 19, 2013. The investor holds 67.86% stake in the company upon closing. The company has received board approval for the transaction. The scheduled acquisition date is April 19, 2013. The company reported total assets of KRW 24,155,000,000, sales revenues of KRW 4,302,000,000, and net loss of KRW 7,489,000,000 for the year ended December 31, 2012.

On April 19, 2013, SSD Co Ltd closed the transaction.