Samkee America Inc announced that it will issue 4,000,000 common shares at an issue price of KRW 1,331.3 per share for the gross proceeds of KRW 5,325,200,000 on February 28, 2024. The transaction included participation from returning investor Samkee EV Corp. for 61.09 stake in the company.

The transaction has been approved by the board of directors of the company. The company issues shares through third-party allotment.