Korean battery materials supplier raises $302m
IMM Investment and Premier Partners are the largest participants in a KRW 400bn (USD 302.7m) funding round for EcoPro Innovation, a battery materials business of KOSDAQ-listed EcoPro.
The company said in a filing that it would raise the capital across two rounds. The first will see 557,570 new shares issued at KRW 647,475 apiece to a group of domestic institutional investors. In addition...
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