ZIGExN Co., Ltd. (TSE:3679) entered into a contract to acquire I AND C-Cruise Co.Ltd. from Environment and Energy Investment Fund No. 1 managed by Energy & Environment Investment, Inc., Fenox Venture Company III, L.P. managed by Fenox Venture Capital, Fenox Venture Company II, L.P, management and other shareholders on January 30, 2020. ZIGExN shall acquire 2,266 shares of I AND C-Cruise. I AND C-Cruise shall become a subsidiary of ZIGExN. Execution date of share transfer is planned for February 3, 2020.