Sebang Battery is launching its North American energy storage system (ESS) battery business in earnest. The company has decided to invest an additional approximately 106.9 billion won into its local U.S. grandchild company.

According to a regulatory filing on the 15th, 'SEBANG LITHIUM BATTERY AMERICA LLC' (hereinafter SLB AMERICA), an overseas subsidiary of Sebang Battery, has decided to conduct a capital increase with consideration. The capital increase will be carried out through an investment by Sebang Lithium Battery Co., Ltd., the parent company of SLB AMERICA and a subsidiary of Sebang Battery. SLB AMERICA is a grandchild company of Sebang Battery.

The procurement amount is 106.89 billion won. The stated purpose of the funds in the filing is listed as 'funds for acquiring securities of other entities.' The company explained that the amount is equivalent to USD 70 million, converted at the Seoul Foreign Exchange Brokerage median exchange rate of 1,527 won per dollar, applicable as of June 12, 2026.

The secured funds will be used as an additional investment source for 'SEBANG LITHIUM BATTERY OHIO LLC (Operating Company),' a subsidiary of SLB AMERICA. This serves as a follow-up investment aimed at expanding Sebang Battery's investments in the U.S. battery business.

However, the actual disbursement will be made in installments depending on business progress, and the final amount in Korean won may vary based on exchange rate fluctuations at the time of investment. The final scheduled payment date is December 31, 2026, with payments also expected to be made sequentially as the project progresses.

SLB AMERICA is a limited liability company (LLC) established under the laws of the State of Delaware, serving as a local holding company for the company's entry into the North American ESS battery business. As a newly established entity this year, its total assets were not separately disclosed. Sebang Battery's consolidated total assets, as of the end of 2025, stand at 2.24284051 trillion won.