Hybe Decides to Acquire 2.5% Stake in Dunamu

[Asia Economy Reporter Hwang Junho] HYBE announced on the 4th that it has decided to acquire 861,004 shares (2.48%) of Dunamu. The acquisition amount is 499,999,660,000 KRW, which corresponds to 41.7% of its equity capital. The scheduled acquisition date is the 24th of this month. The company stated, "This is to establish a long-term partnership and jointly promote new businesses including NFTs."

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