SuRaLa Net Co.,Ltd. acquired 39.8% stake in Fantamstick, Ltd. from AMG Co., Ltd. and CA Startups Internet Fund 1, a fund managed by CyberAgent Capital Co., Ltd.
December 22, 2021
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SuRaLa Net Co.,Ltd. (TSE:3998) acquired 39.8% stake in Fantamstick, Ltd. from AMG Co., Ltd. and CA Startups Internet Fund 1, a fund managed by CyberAgent Capital Co., Ltd. on December 22, 2021. Execution date of share transfer will be January 14, 2022. SuRaLa Net , Berton Shain, and Hayato Shinohara have resolved to conclude a shareholder agreement and decided to include Fantamstick in the scope of consolidation from the next fiscal year.
SuRaLa Net Co.,Ltd. (TSE:3998) completed the acquisition of 39.8% stake in Fantamstick, Ltd. from AMG Co., Ltd. and CA Startups Internet Fund 1, a fund managed by CyberAgent Capital Co., Ltd. on December 22, 2021.
SuRaLa Net Co.,Ltd. is a Japan-based company mainly engaged in the provision of e-learning education services and operation consulting services. The Company provides online learning materials SuRaLa service to cram schools and general schools which are targeting for elementary, junior high and high school students. SuRaLa service is an interactive animation teaching material that allows children from elementary school to high school to learn Japanese, mathematics, and English through Internet. The Company also provides management support services and learning content. The functions of SuRaLa include lecture function, adaptive learning function, learning management function, test system, gamification, and everyday TOEIC L&R TEST.
SuRaLa Net Co.,Ltd. acquired 39.8% stake in Fantamstick, Ltd. from AMG Co., Ltd. and CA Startups Internet Fund 1, a fund managed by CyberAgent Capital Co., Ltd.