C & P System Co. Ltd agreed to acquire Eugene Special Purpose Acquisitions 8 Company (KOSDAQ:A373340) from Yellow C Management Co., Ltd. and others for KRW 77.7 billion in reverse merger transaction on October 20, 2023. C & P System Co. Ltd entered into an agreement to acquire Eugene Special Purpose Acquisitions 8 Company (KOSDAQ:A373340) from Wooshin Venture Investment Corp. and others in reverse merger transaction on March 26, 2024. When the merger between C & P System Co. Ltd and Eugene Special Purpose Acquisitions 8 Company is completed, C & P System Co. Ltd becomes the surviving corporation, and Eugene Special Purpose Acquisitions 8 Company is a extinguished corporation. This will have the effect of listing C & P System Co. Ltd, the surviving corporation, on the KOSDAQ market. As announced on January 10, 2024, the scheduled date of general shareholders' meeting is on April 16, 2024 and the transaction is expected to occur on June 11, 2024.

C & P System Co. Ltd completed the acquisition of Eugene Special Purpose Acquisitions 8 Company (KOSDAQ:A373340) from Yellow C Management Co., Ltd. and others in reverse merger transaction on June 11, 2024.