New Wave Co., Ltd. agreed to acquire 25.18% stake in Seigakusya Company, Limited (JASDAQ:2179) from Akihiro Ohta and other investors on February 24, 2012. New Wave Co., Ltd. will acquire 0.73 million shares. Akihiro Ohta will reduce its stake from 1.36 million shares to 0.77 million shares. New Wave Co., Ltd. resolved to acquire Seigakusya Company's shares. The purchase date is expected to be February 27, 2012. The transaction is expected to close on March 1, 2012. On February 27, 2012, the transaction was postponed from March 1, 2012 to March 2, 2012. As of February 25, 2013, the transaction is expected to close on March 1, 2013.

New Wave Co., Ltd. cancelled the acquisition of 25.18% stake in Seigakusya Company, Limited (JASDAQ:2179) from Akihiro Ohta and other investors on February 25, 2013.