PharmaEssentia Corporation announced a private placement of 50,000,000 common shares and Convertible Bonds on April 2, 2024. The transaction will include participation from individual invetsors, ChingLeou Teng, KoChung Lin, BenYuan Chen, Yuan, ChanKou Hwang, ShenYi Li, Patrick Y. Yang, JinnDer Chang, JienHeh Tien, Jeffrey R.Williams, Jingcun Liu, Mingjuan Xie, Albert Qin, Xueling Chang, LihLing Lin. The transaction has been approved by the shareholders of the company.