CK&B Co.Ltd agree to acquire NH Special Purpose Acquisition 13 Co., Ltd. (KOSDAQ:A310840) from BNK Venture Investment and others in a reverse merger transaction on May 27, 2021. Under the terms of transaction, merger ratio was decided as 1: 6.047. Post completion, CK&B Co.Ltd become largest shareholder and the ownership ratio becomes 69.09%. When the merger between NH Enterprise Acquisition Purpose 13 Co., Ltd. and CKNB Co., Ltd. is completed, formally, NH Enterprise Acquisition Purpose 13 Co., Ltd. becomes a surviving corporation and CK&B Co., Ltd. becomes an extinguished corporation In reality, CK&B will be listed on the KOSDAQ market while maintaining business continuity. Through the merger, CKNB Co., Ltd. utilizes the deposits held by NH Enterprise Acquisition Purpose No. 13 Co., Ltd. for investment and enjoys the effect of listing on the KOSDAQ market. Meanwhile, the funds raised during the establishment of NH Enterprise Acquisition Purpose No. 13 Co., Ltd. and the public offering on the KOSDAQ market will be used to expand and stabilize the business of the merged subsidiary, which is expected to accelerate sales and profit realization. The transaction is subject to approval of shareholder approval and regulatory regulations. Shareholders' Meeting was scheduled on September 14, 2021. NH Special Purpose Acquisition Board of Directors passed the resolution on May 27, 2021. The merger is expected to execute on October 22, 2021 and scheduled listing of new shares will be on November 9, 2021. CK&B Co.Ltd cancelled the acquisition of NH Special Purpose Acquisition 13 Co., Ltd. (KOSDAQ:A310840) from BNK Venture Investment and others in a reverse merger transaction on August 2, 2021. The transaction was cancelled due to internal circumstances.