Futurestream Networks Co., Ltd. (KOSDAQ:A214270) agreed to acquire AdQUA Interactive Inc. from a group of sellers for KRW 81.9 billion on February 7, 2018. Under the terms of the transaction, Futurestream Networks Co., Ltd. will acquire 0.04 million shares. The consideration will be paid in cash and issuance of 30.27 million stocks to the group of sellers. Out of total consideration, KRW 10 billion will be paid on February 7, 2018 and remaining on March 30, 2018. As per the amendment report dated February 27, 2018, Futurestream Networks Co., Ltd. will pay KRW 10 billion on February 7, 2018, KRW 58.9 billion on February 9, 2018 and KRW 10 billion on February 27, 2018. The transaction will be financed through own funds, issuance of convertible bonds, and third party paid in capital increase. The transaction was resolved by the board of directors of Futurestream Networks Co., Ltd. on February 7, 2018. The payment date and expected closing date is February 7, 2018. On the same day, the payment date and closing date was amended to March 30, 2018. As per the amendment report dated February 27, 2018, the transaction is expected to be completed by February 27, 2018. BDO Daejoo LLC and Hanju Accounting Corporation acted as the external rating institution. Futurestream Networks Co., Ltd. (KOSDAQ:A214270) cancelled the acquisition of AdQUA Interactive Inc. from a group of sellers on February 7, 2019.