June 23, 2017 / 4:01 AM / a month ago

BRIEF-Kyobo 5 Special Purpose Acquisition to merge with Namu Tech

1 Min Read

June 23 (Reuters) - Kyobo 5 Special Purpose Acquisition Co :

* Says it plans to issue 22,034,126 shares of the company to merge with Namu Tech Co., Ltd, a software development firm

* Says merger ratio is 1 : 9.5290951 between the company and Namu Tech

* Merger effective date is Dec. 5

Source text in Korean: goo.gl/kW9Nkg

Further company coverage: (Beijing Headline News)

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