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UTI to Raise KRW 1.32 Billion in Private Share Placement

PUBT·10/29/2026 08:14:24
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UTI to Raise KRW 1.32 Billion in Private Share Placement
  • UTI on Oct. 29, 2026, announced a private placement to Fernando Oscar Liu.
  • The placement comprises 711,989 common shares priced at KRW 1,860 each.
  • Proceeds of KRW 1.32 billion will fund raw material purchases for mass production at its Vietnamese subsidiary.
  • The issue price reflects a 10% discount to the reference price; all new shares carry a one-year lockup.
  • Payment is due Nov. 6, 2026, with the new shares scheduled to list Nov. 23, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UTI Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261029000479), on October 29, 2026, and is solely responsible for the information contained therein.