Youngsung Ji, Sooil Park, Wonil Choi, Changsoo Im, Dongjun Kim and Jaeyoung Jang acquired 10.88% stake in Raontec Inc. (XKON:A232680) from KoFC-KIP Pioneer Champ 2010-1 Venture Capital Fund of Korea Investment Partners Co. Ltd. for approximately KRW 1.5 billion on September 30, 2016. KoFC-KIP Pioneer Champ 2010-1 sold 0.25 million shares at KRW 6200 per share. Youngsung Ji, Sooil Park, Wonil Choi, Changsoo Im, Dongjun Kim and Jaeyoung Jang completed the acquisition of 10.88% stake in Raontec Inc. (XKON:A232680) from KoFC-KIP Pioneer Champ 2010-1 Venture Capital Fund of Korea Investment Partners Co. Ltd. on September 30, 2016.