E-Tron Co., Ltd announced a private placement of 200,000,000 common shares at an issue price of KRW 200 per share for gross proceeds of KRW 40,000,000,000 on June 19, 2023. The transaction has been approved by board of directors of the company. The method of capital increase is through third party allocation.

The securities have a hold period of one from stock listing date of July 13, 2023.