Gaia Corporation Co., Ltd agreed to acquire Mirae Asset Daewoo Special Purpose Acquisition Company 5 Co., Ltd (KOSDAQ:A353490) from Union Investment Partners Co., Ltd. and others for KRW26 billion in reverse merger transaction on November 9, 2022. When the merger is completed, Mirae Asset Daewoo acquisition objective No. 5 (Co.) will become a surviving corporation and Gaia Corporation will become a disbanded corporation. As of February 28, 2023, the transaction is expected to close on July 12, 2023.

Gaia Corporation Co., Ltd terminated the agreement to acquire Mirae Asset Daewoo Special Purpose Acquisition Company 5 Co., Ltd (KOSDAQ:A353490) from Union Investment Partners Co., Ltd. and others on March 31, 2023.