Messe Esang Co., Ltd. agreed to acquire SK Securities ACPC No.7 Special Purpose Acquisition Company (KOSDAQ:A408920) in a reverse merger for KRW 84 billion on July 7, 2022. Merger ratio will be SK Securities ACPC No.7 Special Purpose Acquisition Company: Messe Esang Co., Ltd. 1: 4.7900000. Upon completion of the merger, the surviving corporation is SK Securities ACPC No. 7 Company Acquisition Purpose Co., Ltd. Upon completion of the merger, Lee Sang Networks, the largest shareholder of Messei Sang, will hold an 86.35% stake including related parties. Transaction is expected to close on November 29, 2022. As of October 21, 2022, the transaction is expected to close on February 1, 2023. As of November 17, 2022, the transaction is expected to close on February 14, 2023. As of January 11, 2023. Target shareholders has approved the deal merger.

Messe Esang Co., Ltd. completed the acquisition of SK Securities ACPC No.7 Special Purpose Acquisition Company (KOSDAQ:A408920) in a reverse merger for KRW 84 billion on February 14, 2023.