AeroSpace Technology of Korea Inc. (KOSDAQ:A067390) agreed to acquire Aerospace Technology of Global Inc from Nau Growth Capital PEF, a fund managed by Nau IB Capital, Investment Arm and other shareholders for KRW 12.1 billion on March 3, 2023. AeroSpace Technology of Korea will acquire 2.84 million shares of Aerospace Technology of Global Inc. The board of directors of AeroSpace Technology of Korea Inc. approved the transaction. Aerospace Technology of Global recorded total assets of KRW 485.35 for the year ended December 31, 2022.

The transaction is expected to close on March 17, 2023.