ZUM Internet Corp. (XKON:A229480) agreed to acquire Mirae Asset No.5 Special Purpose Acquisition Company (KOSDAQ:A239340) in a reverse merger transaction on September 18, 2018. Under the terms of the transaction, Mirae Asset No.5 Special Purpose Acquisition Company will acquire ZUM Internet Corp. and will issue 18.9 million shares as consideration. A meeting of shareholders will be held on April 9, 2019. As of February 26, 2019, Mirae Asset No.5 Special Purpose Acquisition Company will issue 18.92 million shares as consideration and the meeting of shareholders will be held on April 19, 2019. As on April 19, 2019, the transaction has been approved by the shareholders of ZUM Internet Corp. The merger effective date is February 22, 2019. As of January 15, 2019, the transaction is expected to complete on May 14, 2019. As of February 26, 2019, the transaction is expected to be completed on May 22, 2019. ZUM Internet Corp. (XKON:A229480) completed the acquisition of Mirae Asset No.5 Special Purpose Acquisition Company (KOSDAQ:A239340) in a reverse merger transaction on May 22, 2019. The headquarter of the new entity is changed to 7th floor ZUMinternet Corp. 3, Banpodae-ro, Seocho-gu, Seoul, South Korea.