rakumo Inc. (TSE:4060) signed a contract to acquire gamba! inc. from Masahiro Morita for approximately ¥90 million on March 30, 2022. Under the terms of the acquisition, 17,551 shares of gamba will be acquired.

For the year ending October 2021, gamba reported sales of approximately ¥100 million and net profit of ¥11 million. The transaction is expected to complete on June 30, 2022. rakumo will pay ¥11 million Advisory expenses.