Nexpo Energy Co., Ltd. announced that it will issue 778,221 common shares at a price of KRW 500 per share for gross proceeds of KRW 389,110,500 in a round of funding on November 15, 2019. The transaction will include participation from returning investor E1 Corporation (KOSE:A017940), who will retain 100% stake in the company. The transaction was approved by board of directors of the company