Neptune Company (KOSDAQ:A217270) entered into an agreement to acquire an unknown stake in Puppyred Inc. from Lee, Yong-soo, Se-hyeong Jin, Soo-chang Lee, Jin-soo Kim, Young-hwan Joo, Min-jeong Pyun on October 13, 2021. Neptune Company acquired 7,084 common stock and 12,880 convertible preferred stock of Puppyred. The combined purchase price is KRW 30.9 billion. The transaction has been resolved by the board of directors of Neptune Company on October 13, 2021.

Neptune Company (KOSDAQ:A217270) acquired an unknown stake in Puppyred Inc. from Lee, Yong-soo, Se-hyeong Jin, Soo-chang Lee, Jin-soo Kim, Young-hwan Joo, Min-jeong Pyun on October 15, 2021. The payment for old and new shares has been paid on October 15, 2021.