Foxbrain Co., Ltd. (KOSDAQ:A039230) agreed to acquire 9.77% stake in Bio Support Co.,Ltd. from Hokyung Kang for KRW 3.5 billion on January 30, 2018. Foxbrain Co., Ltd. will acquire 0.2 million shares of Bio Support Co.,Ltd. and consideration will be substituted with KRW 3.5 billion won of 9th round unregistered coupon unguaranteed private convertible bonds of Foxbrain Co., Ltd. The Board of Directors passed a resolution for the transaction on January 30, 2018. The transaction is expected to be completed on January 30, 2018. Foxbrain Co., Ltd. (KOSDAQ:A039230) completed the acquisition of 9.77% stake in Bio Support Co.,Ltd. from Hokyung Kang for on January 30, 2018.