EASY HOLDINGS Co., Ltd. (KOSDAQ:A035810) made a bid to acquire additional 52.6% stake in EASY BIO,Inc. (KOSDAQ:A353810) for approximately KRW 130 billion on March 23, 2021. Under the terms, EASY HOLDINGS will acquire 18 million shares at KRW 7,166 per share which will be settled through issue of new shares. The tender offer commences from April 22, 2021 to May 12, 2021. As of April 20, 2021, after correction, EASY HOLDINGS Co., Ltd. will acquire 77.23% stake in EASY BIO,Inc., for approximately KRW 130 billion. EASY HOLDINGS Co., Ltd., will be acquiring around 26.4 million shares in EASY BIO,Inc. Mirae Asset Daewoo Co., Ltd. acted as investment brokerage advisor to EASY HOLDINGS Co., Ltd.

EASY HOLDINGS Co., Ltd. (KOSDAQ:A035810) completed the acquisition of 27.8% stake in EASY BIO,Inc. (KOSDAQ:A353810) for approximately KRW 46.4 billion on May 12, 2021. Under the transaction, EASY HOLDINGS acquired 9.5 million shares in EASY BIO.