An unknown buyer agreed to acquire 47.47% stake in D.Lab Ventures from A-Frontier Co.,Ltd. (KOSDAQ:A036180) for KRW 3 billion on June 5, 2020. Out of total consideration, KRW 300 million will be paid on June 5, 2020, KRW 700 million will be paid on August 24, 2020 and the balance amount of KRW 2 billion will be paid on December 21, 2020. The consideration will be paid in cash. The buyer may request A-Frontier to adjust the consideration amount if the difference between the financial statements presented in D.Lab Ventures due diligence and the actual net asset value occurs or the difference is confirmed by the balance payment date. The adjustment of the transaction price cannot exceed KRW 500 million and will be deducted when the balance is paid. The transaction was resolved by the Board of Directors of A-Frontier. The transaction is expected to close on December 21, 2020. An unknown buyer completed the acquisition of 47.47% stake in D.Lab Ventures from A-Frontier Co.,Ltd. (KOSDAQ:A036180) on January 29, 2021. GW Vitek CO.,LTD will receive KRW 2.34 billion as consideration, after deducting the amount adjusted from the initial contract amount (KRW 3 billion) as the court's decision to recommend reconciliation has been accepted.