Ecopro Global Co., Ltd. announced a private placement of 8,000,000 common shares at an issue price of KRW 10,000 per share for the gross proceeds of KRW 80,000,000,000 on July 25, 2023. The transaction will include participation from returning investor Ecopro BM. Co., Ltd. The transaction has been approved by the board of directors of the company.

The transaction is expected to close on August 9, 2023.