BusinessOn Communication Co., Ltd (KOSDAQ:A138580) agreed to acquire 20% stake in Nudge Partners Co., Ltd. for KRW9.6 billion on May 4, 2023. BusinessOn Communication Co., Ltd (KOSDAQ:A138580) signed an agreement to acquire 20% stake in Nudge Partners Co., Ltd. on November 6, 2023. Financials for the year ended 2022 are total assets KRW4.3 billion, net income KRW2.1 billion and total common equity of KRW3.2 billion.

The transaction is expected to close on October 31, 2023.