Cnt tech Co. Ltd. agreed to acquire Hanwha Plus No2 Special Purpose Acquisition Company (KOSDAQ:A386580) in a reverse merger transaction from SV Investment Corporation and others for KRW 3.8 billion on December 7, 2023. Upon completion, Cnt tech Co. Ltd. will survive the merger and will get listed on Korean stock exchange. The merger ratio is 1: 0.4510495. The transaction is expected to complete on May 7, 2024.

Cnt tech Co. Ltd. cancelled the acquisition of Hanwha Plus No2 Special Purpose Acquisition Company (KOSDAQ:A386580) in a reverse merger transaction from SV Investment Corporation and others on April 30, 2024.