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WellBiotec buys 4.7% stake in K2 Energy Solutions
South Korea’s WellBiotec announced that it acquired 900,000 shares in K2 Energy Solutions, Inc. at Korean won (KRW) 10.2 billion (JPY 100 million) to secure a 4.7% stake in the US secondary battery manufacturer. The investment was made by having WellBiotec’s US arm, Wellbiotec New Energy Fund, LLC, acquire the shares....
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