TS Nexgen Co., Ltd. (KOSDAQ:A043220) agreed to acquire 73.43% stake in Neurosona Co., Ltd. from SU-Holdings Co.,Ltd. (KOSDAQ:A031860) for KRW 6.05 billion on May 3, 2024. As per the transaction, TS Nexgen Co., Ltd. will issue convertible bonds for purchase consideration. As of December 31, 2023, Neurosona Co., Ltd. generated total assets of KRW 3.7 billion, total debt of KRW 1.6 billion, total capital of KRW 2.08 billion and net loss of 2.9 billion.

The transaction is expected to close on May 7, 2024.