Ecopro Materials: Seeking 300 Billion Won in Additional Capital Raise

• It has been reported in the local media that EcoPro Materials (450080 KS) is seeking about 300 billion won in additional capital which represents about 5% of its market cap.

• There could be concerns about dilution associated with this capital raise which could result in share price decline. The company is currently considering on issuing RCPS for this capital raise.

• There could be additional concerns about potential dilution associated with this capital raise which could result in further share price decline for Ecopro Materials.