GP Club Co., Ltd. signed a contract to acquire 14.62% stake in Korease Corporation (KOSDAQ:A101670) from Nam, Hong-ki, and eight other individuals for KRW 15.1 billion on September 2, 2022. As of September 28, 2022, GP Club Co., Ltd entered into an agreement to transfer and transfer the status of the assignee of this contract and all rights and obligations under this contract to Lithium Plus Co., Ltd. Transaction is expected to close on October 13, 2022.

Lithium Plus Co., Ltd completed the acquisition of 14.62% stake in Korease Corporation (KOSDAQ:A101670) from Nam, Hong-ki, and eight other individuals on October 13, 2022.