Eternal Technology Corporation announced that it expects to receive $20 million in funding from Eternal Materials Co., Ltd.
June 29, 2023
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Eternal Technology Corporation announced that it has entered into an equity private placement of $20,000,000 on June 30, 2023. The transaction included participation from returning investor, Eternal Materials Co., Ltd. The transaction has been approved by board of directors of the company.
Eternal Materials Co Ltd is a Taiwan-based company principally engaged in the manufacture and sales of synthetic resins. The Company is also engaged in the manufacture of electronic chemical materials and special chemicals. The Company's products portfolio consists of general purpose resins, polyester resins, coating resins, special chemicals, circuit substrates, dry film photo resists, liquid crystal display (LCD) optical films, solar battery conductive adhesives, as well as silica gel materials for light emitting diode (LED) packaging and others. The Company's products are mainly applied in energy and public utilities, transportation industries, construction and furniture industries, electronics and motors, disposable consumer products, packaging and printing, healthcare and metal machinery. The Company distributes its products mainly in Taiwan, Mainland China and other markets.
ETERNAL MATERIALS CO., LTD. 
