Hoyeon Art 1 Fund and HDOPB 2 Fund acquired 9.5% stake in BTONE CO.,Ltd from Bithumb Holdings Co., Ltd. for KRW 12.6 billion.
October 27, 2020
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Hoyeon Art 1 Fund and HDOPB 2 Fund acquired 9.5% stake in BTONE CO.,Ltd (KOSE:A101140) from Bithumb Holdings Co., Ltd. for KRW 12.6 billion on October 28, 2020. Under the transaction, Bithumb Holdings will dispose 4 million shares of BTONE CO.,Ltd for KRW 3150 per share. Post completion, Bithumb Holdings Co., Ltd. will not hold shares in BTONE.
Hoyeon Art 1 Fund and HDOPB 2 Fund completed the acquisition of 9.5% stake in BTONE CO.,Ltd (KOSE:A101140) from Bithumb Holdings Co., Ltd. on October 28, 2020.
InBioGen Co Ltd, formerly BTOne Co Ltd, is a company mainly engaged in the operation of the kiosk business. The Company operates its business through four segments. The Kiosk Business segment is engaged in the operation of unmanned payment machine business in restaurants, karaoke rooms, and personal computer (PC) rooms. The Footwear Business segment is mainly engaged in the sale of children's shoes and adult shoes. The Wood Pellet Business segment mainly sells wood pellets and sawdust. The Other Business segment engages in online and offline education business to foster human resources in the FinTech service, platform business, and block chain industry.
INBIOGEN CO., LTD. 
