Interspace Co.,Ltd. (TSE:2122) agreed to acquire Rocket Venture, Inc. from Enigmo Inc. (TSE:3665) for ¥60 million on January 17, 2018. As per terms, 690 shares will be acquired. Post completion, Rocket Venture, Inc. will operate as a subsidiary of Interspace Co.,Ltd. For the year ended January 31, 2017, Enigmo Inc. reported net assets of ¥147.3 million, total assets of ¥176.9 million, sales of ¥34.8 million, operating loss of ¥5.4 million and net loss of ¥5.3 million. The Board of Directors of Interspace Co.,Ltd. resolved the deal on January 17, 2018. An agreement is expected to be concluded and the deal is expected to close on January 29, 2018.

Interspace Co.,Ltd. (TSE:2122) completed the acquisition of Rocket Venture, Inc. from Enigmo Inc. (TSE:3665) on January 29, 2018.