CAREMiLE Inc. signed a share transfer agreement to acquire an additional 36.01% stake in ITOXI Corp. from Plug Box Co., Ltd. for KRW 6.75 billion on September 23, 2022. CAREMiLE will purchase approximately 7.14 million shares at KRW 945 each.

Post completion, Caremile will become the largest shareholder of ITOXI Corp. with 54.5% stake. The transaction is expected to close on November 9, 2022.

As of November 1, 2022, the expected completion date was changed and the transaction is now expected to complete on November 9, 2023. On August 02, 2023, the transferee, CAREMiLE Inc., was served with a decision on the provisional seizure of the right to claim delivery of shares against the transferor, Plug Box Co., Ltd. (2023 Cardan 817361) from the Seoul Central District Court, until the enforcement of the provisional seizure is lifted. However, the change of the largest shareholder may not proceed.