EXT Co., Ltd. signed a contract to acquire KB Dream Together 4th Special Purpose Acquisition Co., Ltd. (KOSDAQ:A226360) in a reverse merger transaction on June 22, 2017. The consideration comprises issuance of 20.01 million shares at a ratio of 1: 4.7205000. Upon completion, EXT Co., Ltd will continue to survive and do business and be listed on the KOSDAQ market. KB Dream Together 4th Special Purpose Acquisition Co., Ltd. will change its name to EXT Co., Ltd. As on October 31, 2017, the shareholders of KB Dream Together 4th Special Purpose Acquisition Co., Ltd. approved the selection of Kiyong Song and Byungkwon Han as internal Director, Sejoong Jung as non- executive Director and Sungsoo Lee as external Director. The transaction is subject to shareholders approval of EXT Co., Ltd. and KB Dream Together 4th Special Purpose Acquisition Co. by more than two third majorities of shareholders present during the extraordinary general meeting of shareholders. The meeting of KB Dream Together 4th Special Purpose Acquisition Co is to be held on October 16, 2017. As of September 6, 2017, meeting of KB Dream Together 4th Special Purpose Acquisition Co is to be held on October 31, 2017. The board of directors of KB Dream Together 4th Special Purpose Acquisition Co., Ltd. resolved the transaction on June 22, 2017. As on October 31, 2017, the shareholders of KB Dream Together 4th Special Purpose Acquisition Co., Ltd. approved the transaction. The deal is expected to close on November 20, 2017 and the scheduled listing date of new shares is December 6, 2017. As of September 6, 2017, the closing date was postponed to December 4, 2017. Hanmi Accounting Corporation acted as external rating institution. EXT Co., Ltd. completed the acquisition of KB Dream Together 4th Special Purpose Acquisition Co., Ltd. (KOSDAQ:A226360) in a reverse merger transaction on December 4, 2017. Jaehwa Shin resigned as Non- Executive Director and Soyeon Gu resigned as external Director of KB Dream Together 4th Special Purpose Acquisition Co., Ltd. on December 5, 2017. Kiyong Song will be the new Chief Executive Officer of KB Dream Together 4th Special Purpose Acquisition Co., Ltd. after the resignation by Jonghyun Lee.