NAT GAMES Co., Ltd. agreed to acquire NH Special Purpose Acquisition 9 Co., Ltd. (KOSDAQ:A225570) in a reverse merger transaction on October 7, 2016. Under the terms, NH Special Purpose Acquisition 9 Co., Ltd. will issue 125.3 million shares for a merger ratio 1:50.1100000 between NH Special Purpose Acquisition 9 Co., Ltd. and NAT GAMES. On March 3, 2017, as per the new amendment report, NH Special Purpose Acquisition 9 Co., Ltd. will issue 96.7 million shares for a merger ratio 1:38.6915000 between NH Special Purpose Acquisition 9 Co., Ltd. and NAT GAMES. The transaction is expected to be effective on March 6, 2017 and registration date of the transaction is expected to be March 8, 2017. As of January 17, 2017, all scheduled dates of the merger are being re-discussed. As of March 15, 2017, shareholder record date is March 31, 2017 and the share register holding period start date is April 1, 2017. As of March 15, 2017, the scheduled merger date has been changed to May 29, 2017. E-Chon Accounting Corporation acted as rating institution.

NAT GAMES Co., Ltd. completed the acquisition of NH Special Purpose Acquisition 9 Co., Ltd. (KOSDAQ:A225570) in a reverse merger transaction on May 29, 2017. Under the acquisition, head office location has been changed. As a part of the transaction, Jangwon Lee and Joonggon Kim, officers resigned. Upon completion, Yonghyun park replaced Donghyun Im as Chief Executive Officer of NH Special Purpose Acquisition 9 Co., Ltd. The changed of Chief Executive Officer was resolved by the board of directors of NH Special Purpose Acquisition 9 Co., Ltd. on May 29, 2017.