Innowireless Co., Ltd. (KOSDAQ:A073490) agreed to acquire an additional 70% stake in Myung Sung Lifix Co. Ltd from Hwang Seok-go and Park Myung-hoon for KRW 39.1 billion on November 21, 2023. Innowireless shall finance the deal from its own funds.

The transaction is expected to complete on January 10, 2024.