WOS Co., Ltd. announced a private placement of 150,000 common shares at a price of KRW 30,000 per share for gross proceeds of KRW 4,500,000,000 on January 11, 2022, The transaction will include participation from returning investor Hanwha Solutions Corporation to retain its 100% stake holding in the company through shareholder allocation capital increase. The transaction has been approved by the board of directors of the company. The payment date is on January 12, 2022.