Wemade Innovation Co., Ltd. signed an agreement to acquire 20.9% stake in SundayToz Corp. (KOSDAQ:A123420) from Smilegate Holdings, Inc. for KRW 84 billion on December 20, 2021. The consideration will be paid from won funds. In a related transaction SundayToz will also issue 1.9 million new common shares worth 52.7 billion won to WeMade.

Wemade Innovation Co., Ltd. completed the acquisition of a 20.9% stake in Wemade Play Co., Ltd. (KOSDAQ:A123420) from Smilegate Holdings, Inc. on January 13, 2022.