Samkee America Inc announced that it will issue 4,000,000 common shares at an issue price of KRW 1,353.6 per share for the gross proceeds of KRW 5,414,400,000 on April 9, 2024. The transaction included participation from returning investor Samkee EV Corp, hold 63.48% post completion of the transaction. The transaction has been approved by the board of directors of the company.

The company issues shares through third-party allotment. The transaction is expected to close on April 9, 2024.