Path Corporation (TSE:3840) signed a contract to acquire remaining 13.85% stake in Madre:X Co Ltd. and 48.9% stake in Zyva Studio Co., Ltd. from ZYYX Inc. for ¥600 million on February 7, 2019. A total of 360 shares of Madre:X will be acquired for ¥185 million and 200 shares of Zyva Studio Co., Ltd. will be acquired for ¥415 million. Path Corporation will increase its stake from 86.15% and 51.1% stakes in Madre:X Co Ltd. and Zyva Studio Co., Ltd. to 100%, after the deal. Madre:X Co Ltd. and Zyva Studio Co., Ltd. will become wholly-owned subsidiaries of Path Corporation, post closing. Board of Directors of Path Corporation resolved in favor of the deal. Deal is expected to close by February 8, 2019. Path Corporation (TSE:3840) cancelled the acquisition of remaining 13.85% stake in Madre:X Co Ltd. and 48.9% stake in Zyva Studio Co., Ltd. from ZYYX Inc. on February 7, 2020.