Dream Insight Co,. Ltd. agreed to acquire HI Special Purpose Acquisition Company VI (KOSDAQ:A377400) for KRW 1.02 billion in a reverse merger transaction on May 10, 2023. Upon completion, Dream insights will survive the merger and will get listed on Korean stock exchange.

The merger ratio is 1: 0.0720721. Transaction is subject to shareholders approval. The merger is expected to close on October 7, 2023.

The transaction is expected to complete on January 22, 2024. The transaction is expected to complete on January 9, 2024.