Wavus Co.,Ltd completed the acquisition of Yuanta 5 SPECIAL PURPOSE ACQUISITION CO., LTD. in a reverse merger transaction.
March 30, 2022
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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.
Wavus Co.,Ltd completed the acquisition of Yuanta 5 SPECIAL PURPOSE ACQUISITION CO., LTD. (KOSDAQ:A336060) in a reverse merger transaction and others on March 30, 2022.
Yuanta 5 Special Purpose Acquisition Company is a Korea-based company formed for the sole purpose of merging with existing corporations. The Company focuses its merger targets in: manufacturing industry, electricity, gas, steam and water industry, sewage-waste treatment, raw material recovery and environmental restoration industry, construction industry, publishing, video, broadcast and information service industry, professional, scientific and technical service industry, business facilities management and business support service industry, education service industry, health care industry and social welfare service industry.
WAVUS CO.,LTD 
