IHQ Inc. (KOSE:A003560) agreed to acquire a 47.14% stake in Maroo Co., Ltd. for KRW 7.7 billion on June 22, 2022. As part of the transaction, IHQ will acquire 1,895,000 shares. In 2021, Maroo reported Total assets of KRW 10.95 billion, Total Debt of KRW 6.57 billion, total equity of KRW 4.38 billion, revenue of KRW 5.89 billion and Net loss of 4.12 billion. The transaction is resolved by the board of IHQ and expected to complete on June 22, 2022.