Abpro Bio Co., Ltd. cancelled the acquisition of 30.911846% stake in Zinitix Co., Ltd. from Seoul Electronic Communication Co., Ltd., Wonwoo Kim, Soo-ah Kim.
December 15, 2022
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Abpro Bio Co., Ltd. (KOSDAQ:A195990) agreed to acquire 30.911846% stake in Zinitix Co., Ltd. (KOSDAQ:A303030) from Seoul Electronic Communication Co., Ltd., Wonwoo Kim, Soo-ah Kim for KRW 37 billion on September 26, 2022. As per the terms, the offer per share is KRW 3348 per share. Total number of shares acquired are 11,049,646. Transaction is expected to be closed on November 7, 2022.
Abpro Bio Co., Ltd. (KOSDAQ:A195990) cancelled the acquisition of 30.911846% stake in Zinitix Co., Ltd. (KOSDAQ:A303030) from Seoul Electronic Communication Co., Ltd., Wonwoo Kim, Soo-ah Kim on December 16, 2022.
Zinitix Co.,Ltd., formerly Daishin Balance No.5 Special Purpose Acquisition Co., Ltd. is a Korea-based company mainly engaged in the manufacturing and sales of semiconductor integrated circuits. The Company's products provide semiconductor integrated circuit products for smart phones, tablets, laptops, home appliances and automobiles.
Abpro Bio Co., Ltd. cancelled the acquisition of 30.911846% stake in Zinitix Co., Ltd. from Seoul Electronic Communication Co., Ltd., Wonwoo Kim, Soo-ah Kim.
ZINITIX CO., LTD. 
