Oheim INT Co., Ltd. signed a contract to acquire Samsung Must Special Purpose Acquisition 3 Co., Ltd (KOSDAQ:A309930) from MUST Holdings Inc. and other shareholders in a reverse merger transaction on April 28, 2020. Under the terms of the transaction, Samsung Must Special Purpose Acquisition 3 will issue its 15.2 million new shares and upon completion of the merger, the largest shareholder of Samsung Must Special Purpose Acquisition 3 will be changed to the 2015 IMM Design Venture Fund, which along with related parties will hold 50.72% stake in Samsung Must Special Purpose Acquisition 3. Post completion, the actual management activities will be conducted through the business of Oheim INT. Upon completion of the merger between Samsung Must Acquisition Purpose 3 and Ohim INT, formally, Samsung Must Acquisition Purpose 3 will become a surviving corporation and Oheim I&T will disappear. It becomes a corporation, but in reality, the effect of listing on the KOSDAQ market while maintaining the continuity of business will occur. As reported on October 8, 2020, Samsung Must Special Purpose Acquisition will issue 15.16 million shares as consideration. Transaction is subject to approval of more than two-thirds of the voting rights of participating shareholders and one-third of the total number of shares issued. The shareholders meeting is scheduled to be held on August 13, 2020. As of August 20, 2020, the shareholders meeting is scheduled to be held on October 14, 2020. As reported on October 8, 2020, The shareholders meeting is scheduled to be held on November 5, 2020. Transaction was approved by the Board of Oheim INT and Samsung Must Special Purpose Acquisition 3. Transaction is expected to close on September 22, 2020. As of August 20, 2020, the transaction is expected to close on November 27, 2020. As reported on October 8, 2020, the transaction is expected to close on December 8, 2020.Oheim INT Co., Ltd. signed a contract to acquire Samsung Must Special Purpose Acquisition 3 Co., Ltd (KOSDAQ:A309930) from MUST Holdings Inc. and other shareholders in a reverse merger transaction on April 28, 2020. Under the terms of the transaction, Samsung Must Special Purpose Acquisition 3 will issue its 15.2 million new shares and upon completion of the merger, the largest shareholder of Samsung Must Special Purpose Acquisition 3 will be changed to the 2015 IMM Design Venture Fund, which along with related parties will hold 50.72% stake in Samsung Must Special Purpose Acquisition 3. Post completion, the actual management activities will be conducted through the business of Oheim INT. Upon completion of the merger between Samsung Must Acquisition Purpose 3 and Ohim INT, formally, Samsung Must Acquisition Purpose 3 will become a surviving corporation and Oheim I&T will disappear. It becomes a corporation, but in reality, the effect of listing on the KOSDAQ market while maintaining the continuity of business will occur. As reported on October 8, 2020, Samsung Must Special Purpose Acquisition will issue 15.16 million shares as consideration. Transaction is subject to approval of more than two-thirds of the voting rights of participating shareholders and one-third of the total number of shares issued. The shareholders meeting is scheduled to be held on August 13, 2020. As of August 20, 2020, the shareholders meeting is scheduled to be held on October 14, 2020. As reported on October 8, 2020, The shareholders meeting is scheduled to be held on November 5, 2020. Transaction was approved by the Board of Oheim INT and Samsung Must Special Purpose Acquisition 3. Transaction is expected to close on September 22, 2020. As of August 20, 2020, the transaction is expected to close on November 27, 2020. As reported on October 8, 2020, the transaction is expected to close on December 8, 2020.