Smilegate Youth Start-up Fund managed by Smilegate Youth Start-up Fund acquired 3.33% stake in MG MED, Inc. from Psoma Therapeutics, Inc. for KRW 1.4 billion on March 30, 2015. Psoma Therapeutics, Inc. sold 0.06 million shares at the price of KRW 25,000 per share and reduced its holding to 0.07 million shares.

Smilegate Youth Start-up Fund managed by Smilegate Youth Start-up Fund completed the acquisition of 3.33% stake in MG MED, Inc. from Psoma Therapeutics, Inc. on March 30, 2015.