Aster-Orbit New Technology Business Investment Fund, Lion No.1 Fund, and Lion Chemtech Consortium agreed to acquire 67.78% stake in Lion Chemtech Co., Ltd. (KOSDAQ:A171120) from the group of shareholders for approximately KRW 180 billion on September 8, 2022. The offer per share is KRW 1400. The acquisition is expected to close on October 25, 2022.

As of November 30, 2022, the transaction is expected to close on December 16, 2022.