Wizit Co., Ltd. (KOSDAQ:A036090) signed an agreement to acquire 6.8% stake in H Bion Co., Ltd. from Moon-Soo Kim and Sang-Woo Kim for KRW 7.1 billion on November 13, 2014. Moon-Soo Kim will receive 3.88 million shares and Sang-Woo Kim will receive 2.04 million shares. The Board of Wizit resolved the transaction on November 13, 2014. The deal is expected to be completed on January 13, 2015. As on January 12, 2015, the transaction is expected to close on February 25, 2015. Payment date of new stock (plan) is on February 25, 2015, scheduled delivery date of new share certificates is on March 11, 2015 while scheduled listing date is on March 12, 2015. As on February 24, 2015, the transaction is expected to close on May 20, 2015. Payment date of new stock (plan) is on May 20, 2015. The scheduled delivery date of new share certificates is June 8, 2015 and listing date is June 9, 2015. As of May 19, 2015, the transaction is expected to complete on July 31, 2015 and the payment will be made on July 31, 2015. The new shares will be delivered on August 19, 2015 and the shares will be listed on August 20, 2015. EUGENE Accounting Corporation acted as valuer in the transaction.

Wizit Co., Ltd. (KOSDAQ:A036090) cancelled the acquisition of 6.8% stake in H Bion Co., Ltd. from Moon-Soo Kim and Sang-Woo Kim on July 28, 2015. The court disapproved the transaction on July 28, 2015.