Conbuzz Co., Ltd (KOSE:A109070) agreed to acquire RF Window Co., Ltd. on December 21, 2020. The exchange ratio for the consideration will be 1:1.2149533. As of December 24, 2020, The exchange ratio for the consideration will be 1:1 and completion is scheduled on March 14, 2021. Conbuzz Co., Ltd shall issue 0.63 million shares as consideration. The financials of RF Window for the year ended December 31, 2019, are total assets of KRW 14.1 billon, equity of KRW -994 million and net loss of KRW 2.96 billion. After the transaction, RF Window Co., Ltd. will be merged into Conbuzz Co., Ltd. The Board of Directors has passed the resolution and completion is scheduled on February 22, 2021. Conbuzz Co., Ltd (KOSE:A109070) cancelled the acquisition of RF Window Co., Ltd. on March 3, 2021.