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 Ñ382 million, total assets of Ñ733 million, revenue of Ñ1.062 million and net income of Ñ-169 million during Fiscal year ending March 2022. The transaction is expected to complete on September 30, 2022.