[Featured Stock] Yuil Robotics Hits Upper Limit Following News of Securing 36.7 Billion Won Investment

Yuil Robotics recorded a limit-up following news that SK Group decided to participate in a large-scale paid-in capital increase.

As of 10:11 a.m. on the 28th, the stock price of Yuil Robotics, an industrial robot manufacturer, was 37,850 KRW, up 29.85% (8,700 KRW) from the previous trading day. Yuil Robotics surged to the limit-up immediately after the market opened.

The news that it secured 36.7 billion KRW in investment funds through a third-party allotment paid-in capital increase acted as a positive factor for the stock price.

On the same day, Yuil Robotics announced before the market opened that it would proceed with a third-party allotment paid-in capital increase targeting SK Battery America. SK Battery America is a subsidiary of SK On. The scale of the paid-in capital increase is approximately 36.7 billion KRW, with 5 billion KRW each allocated for facility funds and other funds. 7 billion KRW will be used for debt repayment, and 19.7 billion KRW will be used for operating funds.

This paid-in capital increase will issue 1,526,374 new shares. The issue price per new share is 24,014 KRW. The payment date for the capital increase is June 10, and the new shares are scheduled to be listed on July 1.