Uiseong Wind Co., Ltd announced that it will issue 1,421,000 common shares at a price of KRW 10,000 per share for gross proceeds of KRW 14,210,000,000 on April 16, 2024. The transaction include the participation from new investor SK Eternix Co., Ltd. The company will receive funding through third party allocation method. The transaction is approved by the board of directors of the company.

The transaction is expected to close in May 2024.