AnyMind Pte. Ltd. agreed to acquire the remaining 49% stake in Grove from Space Shower Networks Inc. (JASDAQ:4838) for approximately JPY 230 million on December 25, 2020. As per the terms of the transaction, AnyMind will acquire 0.08 million shares in the Grove at JPY 2,595 per share. The transaction was approved by the Board of Directors of Space Shower Networks Inc. The expected closing of the transaction is on January 10, 2021. The transaction is expected to generate an extraordinary income of JPY 83 million as a gain on the sale of investment securities in Space Shower Networks's individual financial results for the fiscal year ending March 2021.