M&A

Com2uS unit NP absorbs WYSIWYG Studios, rebrands as Com2uS N

What's the deal? South Korean company NPDealroom has a profile for this one. Try Dealroom → has completed its merger with WYSIWYG Studios and will rename itself Com2uS N. The company also confirmed a change in its largest shareholder from WYSIWYG Studios to gaming firm Com2uS.

The structure: NP is the surviving entity and WYSIWYG Studios the dissolved one in the absorption merger. The merger date was July 14, with the merger registration filed on July 15.

What changes: NP will change its Korean name from "NP Inc." to "Com2uS N Inc.," while its English name shifts from "NP Inc." to "Com2uS N." Shareholders approved the name change at an extraordinary general meeting on June 12.

The new ownership: Com2uS and two related parties now hold 37,958,522 shares, or 31.62% of total shares outstanding after the merger. Their stake was calculated by applying a merger ratio of 0.5774514 to the WYSIWYG Studios shares Com2uS previously held.

The signal: The deal folds WYSIWYG Studios into a single restructured entity under the Com2uS banner, consolidating the group's holdings and simplifying its ownership structure.

Read more: Edaily

Image credit: Generated with Gemini

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