NewFlex Technology Co., Ltd. (KOSDAQ:A085670) agreed to acquire the remaining 40% stake in NuCritech Co., Ltd for KRW 980 million on December 27, 2022. NewFlex Technology Co., Ltd. will issue 1 share for every 0.35252 shares of NuCritech. The transaction is expected to close on March 3, 2023.

As of February 28, 2023, transaction is expected to close on March 28, 2023.