Alpha Aero LLC signed an agreement to acquire a 6.83% stake in AeroSpace Technology of Korea Inc. (KOSDAQ : A067390) from Heewon Kim for KRW 9 billion on December 23, 2022. UAMCO will pay KRW 5,000 cash per share for 1.8 million shares, representing 6.85% stake in AeroSpace. The transaction is expected to close on February 10, 2023. As of February 9, 2023, the transaction is expected to close on March 10, 2023. As of February 15, 2023, Payment date is changed from February 10, 2023 to March 10, 2023. As of March 8, 2023, Alpha Aero LLC has replaced UAMCO as a buyer.

Alpha Aero LLC completed the acquisition of 6.83% stake in AeroSpace Technology of Korea Inc. (KOSDAQ : A067390) from Heewon Kim on March 10, 2023.