LaserOptek Co. Ltd. agreed to acquire Hana Financial Twenty-three Special Purpose Acquisition Company (KOSDAQ:A427950) from group of sellers and others in a reverse merger transaction for KRW 3.3 billion on May 19, 2023. The exchange ratio for the merger will be 1:0.2201673.

As of November 10, 2023, the exchange ratio has been revised to 1: 0.2321532. Post completion, LaserOptek Co. Ltd. will get listed on the KOSDAQ.

The transaction is expected to close on October 17, 2023. As of July 26, 2023, transaction is expected to close on December 5, 2023. As of September 21, 2023 The transaction is expected to close on January 15, 2024.

As of October 30, 2023 The transaction is expected to close on January 16, 2024.