An unknown buyer agreed to acquire Otti International from Nowcos Co.,Ltd. (XKON:A257990) for approximately KRW 730 million on June 16, 2022. Nowcos Co.,Ltd. will sell 0.18 million shares of Otti International in the deal. The Board of Nowcos Co.,Ltd has resolved the deal on June 16, 2022.

The deal is expected to close on July 18, 2022.