EXIA LLC concluded a share transfer agreement to acquire 91.46% stake in LastRoots Co., Ltd from OKWAVE, Inc. (NSE:3808) for approximately ¥230 million on October 30, 2020. As reported, 86,700 shares of LastRoots Co., Ltd will be transferred. Following the transaction, OKWAVE, Inc. will hold no stake in LastRoots Co., Ltd. For the fiscal year ended April 2020, LastRoots Co., Ltd reported net worth of ¥4.01 million, total assets of ¥978.8 million, sales of ¥84.3 million and net loss of ¥440.6 million. The transaction was resolved by OKWAVE, Inc. on October 30, 2020. The share transfer execution date is October 30, 2020. The transfer of shares is expected to contribute to OKWAVE Group's monetization.