Kfive II LLC agreed to acquire additional 33.2% stake in Kalibri Labs, LLC from Beijing Shiji Information Technology Co., Ltd. (SZSE:002153) on for $14.5 million December 30, 2021. Kfive II LLC will have 45.5404% stake in Kalibri Labs, LLC after the transaction. For the year ended on September 30, 2021, Kalibri Labs, LLC reported total assets of $6.2 million and net assets of $3.9 million.

The transaction was approved by board of Beijing Shiji Information Technology Co., Ltd.