Jong-guk Na entered into a contract to acquire 8.45% stake in Outin Futures Co., Ltd (KOSDAQ:A227610) from Youngwook Choi for KRW 8 billion on March 24, 2023. Under the terms of transaction will acquire 2 million shares and will pay KRW 3 billion as down payment and KRW 5 billion will be paid after the extraordinary general meeting of shareholders. The transaction will be funded by treasury fund. Post completion, Gubong Industrial Co., Ltd will be largest shareholder. The company's next extraordinary shareholders' meeting is scheduled for June 29, 2023, and through the extraordinary shareholders' meeting, Gubong Industrial Co., Ltd. will appoint inside directors and auditors. As of June 26, 2023 the balance amount KRW5 billion will be paid by July 10, 2023. As of May 30, 2023, the transaction is expected to close on June 28, 2023. As of August 21, 2023 the balance amount KRW6 billion will be paid by September 22, 2023. As of September 22, 2023 the balance amount KRW 6 billion will be paid by October 31, 2023. As of October 31, 2023 the balance amount KRW 6 billion will be paid by November 30, 2023.

Jong-guk Na completed the acquisition of 8.45% stake in Outin Futures Co., Ltd (KOSDAQ:A227610) from Youngwook Choi on November 15, 2023.