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[Alpha Biz=(Chicago) Reporter Kim Jisun] LIG Nex1 hit the upper limit on the news that it will acquire US robot development and manufacturing company Gostrobotix.
According to the Korea Exchange on the 12th, the stock price of LIG Nex1 jumped 29.92% to 128,100 won on the 11th. The stock price, which had been strong in early trading, rose to the price limit just before the close of the market, and LIG Nex1 rewrote its 52-week report price.
The upper limit on the day is due to growing expectations for business expansion as it announced that it will take over U.S. robot maker Gostrobotix. On the 8th, LIG Nex1 announced that it would acquire a 60% stake in Gostro Robotics for $ 240 million (KRW 315 billion) after the market closed. The purpose of the acquisition is to secure a future growth platform and enter the US defense market.
The corporate value of Gostrobotix, assessed by LIG Nex1, is about $ 400 million (KRW 520 billion), and the acquisition date is June 30. Founded in 2015, GostroBotics is an American robot company that produces four types of walking robots.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
