Wisebirds Inc. entered into an agreement to acquire NH Special Purpose Acquisition 12 Co., Ltd. (KOSDAQ:A273060) in a reverse merger transaction on January 30, 2020. The shares will be exchanged at a ratio of 1:23.3080000. As of April 21, 2020, the shares will be exchanged at a ratio of 1:18.3395000. As of May 15, 2020, the shares will be exchanged at a ratio of 1:18.3165000. Jong-Won Kim was appointed as internal director through the resolution of the provisional shareholders meeting on June 17, 2020. The existing Chief Executive Officer resigned on July 22, 2020. The transaction is subject to approval from the shareholders of NH Special Purpose Acquisition 12 Co., Ltd. and Wisebirds Inc. The general meeting of shareholders is expected to take place on May 27, 2020. AS of May 20, 2020, the shareholder meeting is scheduled to take place on June 17, 2020. The transaction is expected to close on July 1, 2020. Merger registration date is July 2, 2020. As of April 21, 2020, the transaction is expected to close on July 17, 2020. As of May 20, 2020, the transaction is expected to close on July 21, 2020.