I-O Data Device, Inc. (TSE:6916) signed a basic agreement to acquire St Trade & Co., Ltd. from Kimihiko Sato on June 21, 2021. I-O Data Device, Inc. concluded a share transfer agreement to acquire St Trade & Co., Ltd. from Kimihiko Sato on July 19, 2021. As per terms, I-O Data Device, Inc. shall acquire 600 shares equivalent to 100% stake in ST Trade & Co., Ltd. The transaction is expected to close on July 30, 2021.