[Edaily Reporter Shin Ha-yeon ] RaemongRaein.Co.,Ltd(200350)announced on the 18th that it has decided to acquire 577,367 shares of M eighty-three Co.,Ltd., a visual effects (VFX) production company for video content, for 2.5 billion won. The acquisition amount represents 5.04% of the company’s equity.
The acquisition will be conducted via a cash purchase on the open market. The scheduled acquisition date is February 17, 2027. Upon completion of the acquisition, Artist Studio’s holdings in M eighty-three Co.,Ltd. will total 577,367 shares, representing a 7.15% stake.
The company stated that the purpose of the acquisition is to “strengthen business cooperation.”
The acquisition will be conducted via a cash purchase on the open market. The scheduled acquisition date is February 17, 2027. Upon completion of the acquisition, Artist Studio’s holdings in M eighty-three Co.,Ltd. will total 577,367 shares, representing a 7.15% stake.
The company stated that the purpose of the acquisition is to “strengthen business cooperation.”
