Space Shower Networks Inc. (JASDAQ:4838) agreed to acquire an additional 11.45% stake in Grove on February 22, 2019. Under the terms of transaction, Space Shower Networks Inc. will acquire 0.02 million additional shares in Grove. Upon completion, Space Shower Networks Inc. will hold 53.01% stake in Grove and will become a consolidated subsidiary of Space Shower Networks Inc. For the year ended June 30, 2018, Grove had net assets of ¥14 million, total assets of ¥123 million and sales of ¥32 million. The transaction has been resolved by the Board of Space Shower Networks Inc. The transaction is expected to be completed by March 1, 2019. Space Shower Networks Inc. (JASDAQ:4838) completed the acquisition of an additional 11.45% stake in Grove in March 2019.