eSOL Co.,Ltd. announced that it will issue 19,434 shares at a price of KRW 257,280 per share for gross proceeds of KRW 4,999,979,520 on July 12, 2022. The transaction will include participation from IBC-Mpod New Technology Business Fund No. 1. The transaction is expected to close on July 27, 2022.

The transaction has been approved by the board of directors of the company.