Daiki Holdings Co., Ltd. signed an equity transfer agreement to acquire Tella Small Amount Short Term Insurance Co., Ltd. from Tella, Inc. (JASDAQ:2191) for ¥6 million on August 26, 2016. Daiki Holdings will acquire 29,159 shares of Tella Small Amount Short Term Insurance as part of the acquisition. Tella Small Amount Short Term Insurance had total assets of ¥154 million, net assets of ¥35 million and net loss of ¥183 million for the year ending March 31, 2016. The transaction has been resolved by the Board of Directors of Tella, Inc. The transaction is expected to complete on August 30, 2016. Daiki Holdings Co., Ltd. cancelled the acquisition of Tella Small Amount Short Term Insurance Co., Ltd. from Tella, Inc. (JASDAQ:2191) on August 26, 2017.