Collabos Corporation (TSE:3908) agreed to acquire 34% stake in GeekFeed Co.,Ltd for ¥12 million on May 30, 2017. The transaction was resolved at Collabos' extraordinary shareholders’ meeting on May 30, 2017. Conclusion of basic agreement is expected on May 30, 2017. Share acquisition contract and share acquisition date have not been decided yet. The transaction is expected to close on September 29, 2017.