T-Gaia Corporation (TSE:3738) agreed to acquire CCC Frontier, Inc. from Culture Convenience Club Co., Ltd. on July 29, 2022. The board of T-Gaia has resolved the deal. T-Gaia will acquire 0.001813 million shares of CCC Frontier.
CCC Frontier has reported net worth of ¥382 million, total assets of ¥733 million, revenue of ¥1.062 million and net income of ¥-169 million during Fiscal year ending March 2022. The transaction is expected to complete on September 30, 2022.