Woodeumgee Farm Co., Ltd. agreed to acquire Hana Financial Twenty Special Purpose Acquisition Company (KOSDAQ:A400560) from BOOKOOK Securities Co., Ltd. (KOSE:A001270) and others in reverse merger on February 9, 2023. Upon closing, Woodeumgee Farm will become the surviving corporation and Hana Financial Twenty Special Purpose Acquisition Company will cease to exist. The deal is expected to close on September 6, 2023.

As of May 31, 2023, the transaction is expected to close on August 23, 2023.