Samkee EV Corp. announced a private placement of series 1 non-guaranteed private placement convertible bonds for the gross proceeds of KRW 20,000,000,000 and series 2 non-guaranteed private placement bonds with warrants for the gross proceeds of KRW 20,000,000,000; for aggregate total gross proceeds of KRW 40,000,000,000 on October 6, 2023. The transaction has been approved by the shareholders of the company.

The transaction is expected to close on October 11, 2023.