B2EN Acquisition Purpose Second Company, Huworks Advisors, ASAP 1st Association, Rusolay Global, Pine Tree 1st Association, and Finnegan 3rd Association completed the acquisition of 22.9% stake in B2En Co., Ltd. from Kwang-Won Cho, Kim Mun-Young and Park Myeong-Sook for KRW 22.8 billion.
August 24, 2023
Share
B2EN Acquisition Purpose Second Company, Huworks Advisors, ASAP 1st Association, Rusolay Global, Pine Tree 1st Association, and Finnegan 3rd Association signed a contract to acquire 34.84% stake in B2En Co., Ltd. (KOSDAQ:A307870) from Kwang-Won Cho, Kim Mun-Young and Park Myeong-Sook for KRW 36.7 billion on July 13, 2023. Transaction is expected to close on September 12, 2023. Transaction was financed through using borrowings. As of August 25, 2023 B2EN Acquisition Purpose Second Company has acquired 14.9% stake in B2En Co., Ltd. Transaction is expected to close on April 25, 2024. As of April 25, 2024, the transaction is expected to close on May 3, 2024.As of May 27, 2024, the transaction is expected to be completed on June 28, 2024.
B2EN Acquisition Purpose Second Company, Huworks Advisors, ASAP 1st Association, Rusolay Global, Pine Tree 1st Association, and Finnegan 3rd Association completed the acquisition of 22.9% stake in B2En Co., Ltd. (KOSDAQ:A307870) from Kwang-Won Cho, Kim Mun-Young and Park Myeong-Sook for KRW 22.8 billion on August 25, 2023.
B2En Co Ltd, formerly Sangsangin Ian No.1 Special Purpose Acquisition Co Ltd is a Korea-based company principally engaged in the data consulting and data solution business. The Company operates its business through three segments. The Big Data segment engages in consulting businesses such as data service-based data architecture (DA), data modeling, and data tuning. The Data segment provides big data governance, analysis, big data quality management, and artificial intelligence (AI) services. The Solution segment provides information technology (IT) maintenance services and AI solutions, and develops solutions such as smart data quality (SDQ), smart metadata (SMETA), and smart data integration (SFLOW).
B2EN Acquisition Purpose Second Company, Huworks Advisors, ASAP 1st Association, Rusolay Global, Pine Tree 1st Association, and Finnegan 3rd Association completed the acquisition of 22.9% stake in B2En Co., Ltd. from Kwang-Won Cho, Kim Mun-Young and Park Myeong-Sook for KRW 22.8 billion.