Mfc Co., Ltd. agreed to acquire Hana Financial Twenty-one Special Purpose Acquisition Company (KOSDAQ:A406760) in a reverse merger transaction for KRW 3.5 billion on February 7, 2024. As per the Hana Financial Twenty-one Special Purpose Acquisition Company will issue 1.592178 shares. The transaction is expected to close on August 20, 2024.

As per announcement on June 10, 2024, The transaction is expected to close on October 22, 2024.