Sangsangin Industry Co., Ltd. announced a private placement to issue 841,750 shares at an issue price of KRW 1,188 per share for the gross proceeds of KRW 999,999,000 on April 10, 2023. The transaction will include participation from Yoo Jun Won for 841,750 shares. The transaction has been approved by the shareholders of the company and is expected to close on April 18, 2023.