Swancor Innovation & Incubation Co., Ltd. announced that it has issued 20,000,000 shares at an issue price of TWD 10 per share for gross proceeds of TWD 200,000,000 on January 27, 2022. The transaction included participation from returning investor Swancor Holding Co., LTD. to retain 100% stake in the company. The transaction has been approved by the board of directors of the investor.