Sambark LFT Co.,Ltd announced that it will issue 50,000 common shares at an issue price of KRW 500,000 per share for gross proceeds of KRW 25,000,000,000 on February 7, 2024. The transaction will include participation from returning investor, Lotte Chemical Corporation. The transaction has been approved by the board of directors of the company.

The company is expected to close the transaction on February 15, 2024