Lightron Inc. (KOSDAQ:A069540) agreed to acquire additional 18.05% stake in MetaVista, Inc. for KRW 6 billion on March 26, 2018. Under the transaction, Lightron Inc. will acquire 0.19 million shares. A deposit of KRW 3 billion was paid on contract signing date i.e. March 26, 2018 and the remaining balance KRW 3 billion will be paid on May 30, 2018. Post transfer, Lightron Inc. will hold 0.34 million shares representing 33.3% stake in MetaVista, Inc. During the financial year ended December 2017, MetaVista, Inc. reported total assets of KRW 33.55 billion, net assets of KRW 23.15 billion, sales of KRW 2.4 billion and net loss of KRW 3.3 billion. The transaction is expected to be completed on May 30, 2018. As of May 30, 2018, the expected completion date is amended to June 15, 2018 and the balance payment will now be done on June 15, 2018. As of June 15, 2018, the terms were amended and the expected closing date has been changed to July 9, 2018. Under the new terms, KRW 1 billion will be paid on June 7, 2018 and remaining on July 9, 2018. Lightron Inc. (KOSDAQ:A069540) cancelled the acquisition of additional 18.05% stake in MetaVista, Inc. on March 26, 2019.