According to Deep Tide TechFlow news, on November 26, NAVER announced that NAVER Financial will acquire 100% of the shares of Dunamu, the operator of the cryptocurrency exchange Upbit, through a share swap, making it a wholly-owned subsidiary.
According to the public information, the exchange price per share for Dunamu in this share exchange is 439,252 won, and the exchange price per share for NAVER Financial is 172,780 won, with the exchange ratio determined to be 1:2.54.
NAVER stated that by acquiring Dunamu, NAVER Financial aims to gain future growth momentum based on digital assets. The company mentioned that after the transaction is completed, both companies will continue their existing business operations while ensuring future growth momentum through functional organic cooperation, and will review various structural reorganization plans to enhance operational efficiency and shareholder value.
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NAVER officially announced that it will acquire 100% of Dunamu's shares through a share exchange.
According to Deep Tide TechFlow news, on November 26, NAVER announced that NAVER Financial will acquire 100% of the shares of Dunamu, the operator of the cryptocurrency exchange Upbit, through a share swap, making it a wholly-owned subsidiary.
According to the public information, the exchange price per share for Dunamu in this share exchange is 439,252 won, and the exchange price per share for NAVER Financial is 172,780 won, with the exchange ratio determined to be 1:2.54.
NAVER stated that by acquiring Dunamu, NAVER Financial aims to gain future growth momentum based on digital assets. The company mentioned that after the transaction is completed, both companies will continue their existing business operations while ensuring future growth momentum through functional organic cooperation, and will review various structural reorganization plans to enhance operational efficiency and shareholder value.