An unknown buyer agreed to acquire 9.9% stake in TVStorm Co. Ltd. from Arion Technology Inc. (KOSDAQ:A058220) for KRW 1.4 billion on October 13, 2016. As part of the transaction, Arion Technology Inc. will sell 31,346 shares of TVStorm Co. Ltd. The transaction is expected to close on October 13, 2016. An unknown buyer cancelled the acquisition of 9.9% stake in TVStorm Co. Ltd. from Arion Technology Inc. (KOSDAQ:A058220) on October 13, 2017.