CYBRiDGE GROUP CORPORATION entered into a letter of intent to acquire REAL X, Inc. from REALWORLD, inc. (TSE:3691) on February 26, 2020. CYBRiDGE GROUP CORPORATION agreed to acquire REAL X, Inc. from REALWORLD, inc. (TSE:3691) on August 25, 2020. REALWORLD, inc. (TSE:3691) will transfer 2000 shares and will no longer hold stake in REAL X, Inc. Gendama is operated by by REAL X,Inc. Real X will continue to hold the membership base of 10 million members. For the period ending September 2019, REAL X, Inc. had total assets of ¥168.6 million, sales of ¥1.13 billion, operating loss of ¥106.14 million, net loss of ¥160.26 million and net liabilities of ¥147.4 million. The final contract conclusion is expected to take place until the end of August, 2020. The transaction is expected to be completed by end of September 2020. As on August 25, 2020, the transaction is expected to close on October 1, 2020.