Cube Entertainment Inc. cancelled the acquisition of Woori Special Purpose Acquisition 2 Co., Ltd. from LS Asset Management Co., Ltd. and other shareholders in a reverse merger transaction.
Cube Entertainment Inc. cancelled the acquisition of Woori Special Purpose Acquisition 2 Co., Ltd. (KOSDAQ:A182360) from LS Asset Management Co., Ltd. and other shareholders in a reverse merger transaction on July 18, 2014. The deal is cancelled due to the withdrawal of merger listing application, which was merger contract requirement after the discussion with Woori Special Purpose Acquisition 2 Co., Ltd. in the process of merger listing application to Korea Exchange due to various factors.