Barunson Co.,Ltd. (KOSDAQ:A018700) agreed to acquire JOLSE Inc. for KRW 25.6 billion on December 27, 2019. Barunson will issue 628.1362367 shares for each share of JOLSE Inc. and hence will issue a total of 12.6 million new shares. Post completion, JOLSE Inc. will be dissolved. Yeil Accounting Corporation acted as external evaluator. Barunson Co.,Ltd. (KOSDAQ:A018700) completed the acquisition of JOLSE Inc. on March 27, 2020.