WSI Co., Ltd. agreed to acquire IBKS No.10 Special Purpose Acquisition Company (KOSDAQ:A299170) in a reverse merger transaction for KRW 50 billion on June 9, 2020. The consideration will be paid within one month from the end of the period for the purchase of stocks. As a result of the transaction, WSI Co., Ltd will list on KOSDAQ. The transaction is expected to be closed on November 9, 2020. As of August 27, 2020, the transaction is expected to close on November 16, 2020. E-jung G-yul Accounting Corporation acted as external evaluation agency. Samil Accounting Corporation acted as auditor for WSI. WSI Co., Ltd. completed the acquisition of IBKS No.10 Special Purpose Acquisition Company (KOSDAQ:A299170) in a reverse merger transaction on November 17, 2020.