Wavus Co.,Ltd agreed to acquire Yuanta 5 SPECIAL PURPOSE ACQUISITION CO., LTD. (KOSDAQ:A336060) for approximately KRW 140 billion in a reverse merger transaction from Samho Green Investment, Inc. and others on October 1, 2021. The transaction is subject to approval of Yuanta 5 SPECIAL PURPOSE ACQUISITION's shareholders. The transaction is expected to close on March 16, 2022.

As of January 18, 2022, The transaction is expected to close on March 30, 2022.