Atogen Co., Ltd. announced a private placement of 60,750 common shares at the price of KRW 71,800 per share for gross proceeds of KRW 4,361,850,000 on January 3, 2022. The transaction will include participation from returning investor Tonymoly Co., Ltd. The company will issue shares of par value of KRW 500 per share through third party allocation method. The transaction has been approved by board of directors of the company.

The payment date for the transaction is January 7, 2022.