O February 7, 2024, Ecovance Co., Ltd. closed the transaction. The company has amended the terms of the transaction and it will issue 340 shares at a price of KRW 10,000,000 per share for gross proceeds of KRW 3,400,000,000. The transaction included the participation from returning investors Daesang Corporation issue 210 shares.

The company will issue the shares through Third party allocation capital increase method.