MR Advanced Materials Co., Ltd announced that it will raise 2,125 common shares at a price of KRW 20,000,000 for gross proceeds of KRW 42,500,000,000 on August 3, 2023. The transaction included participation from returning Mirae Nanotech Co., Ltd.. The transaction has been approved by shareholder of the company.

The transaction is expected to close on August 7, 2023.