i Cubed Systems, Inc. (TSE:4495) agreed to acquire 10KN Joint Stock Company on October 11, 2023. i Cubed Systems, Inc. will acquire 45,460 shares in 10KN Joint Stock Company, and will use it's own cash to fund the acquisition. As of December 31, 2022, 10KN Joint Stock Company reported total assets of ¥33.3 million and net assets of ¥15.7 million.

The contract is expected to be signed on October 1, 2023, and the deal is expected to be completed in Mid- November , 2023.