BRV Capital Management and other investors’ Series B Investment into Neosapience Inc.
Lee & Ko successfully advised Neosapiens Inc., a domestic startup operating AI-based voice synthesis solutions and AI voice service (typecast), with respect to five investors, including BRV LOTUS FUND III, L.P., in their investment of redeemable convertible preferred stocks for a total of KRW 25.6 Billion Korean Won.
Lee & Ko provided comprehensive advice in reviewing the transaction structure, preparing and negotiating share subscription agreement and shareholders agreement which contributed to the successful signing on January 28, 2022 and closing on February 10, 2022.
2022.02.10
GS Retail’s acquisition of Cookat
Lee & Ko provided comprehensive legal advice to GS Retail in its acquisition of approximately 32% of Cookat’s issued and outstanding shares from major shareholders and their financial investors.
This transaction was deemed challenging due to complicated negotiations with many parties involved, including major shareholders and financial investors of Cookat. However, Lee & Ko provided efficient and outstanding legal services and was acknowledged for its contribution to the successful nature of this transaction in a short period of time.
2021.12.28
Investment of Naver Z Holdings by Softbank Vision Fund, Hybe, YG Investment and JYP Entertainment
Lee & Ko advised Naver Z, a metaverse service platform, in its issuance of redeemable convertible preferred stocks to investors including Softbank Vision Fund, Hybe, YG Investment and JYP Entertainment, with the total subscription price over 220 Billion Korean Won.
Representing Naver Z in this transaction, Lee & Ko provided comprehensive legal advice, including review of transaction structure as well as preparing and negotiating the share subscription agreement and the shareholders agreement which contributed to the successful signing and closing of this transaction.
2021.12.13