EQCell Decides on Third-Party Allocation Rights Offering Worth 7.5 Billion KRW to EID

[Asia Economy Reporter Hyunseok Yoo] EQCell announced on the 22nd that it has decided on a third-party allotment paid-in capital increase worth 7.5 billion KRW targeting EID.

The purpose is to improve the financial structure and raise operating funds. The issuance target is EID. Through this capital increase, the largest shareholder is expected to change from Ecobm Investment Association No.1 to EID.