[Consulting] Providing legal advice on M&A related to the sleep specialist brand “Veat” (Sambunmi-il).

Article posted in 2023-01-11 21:07:24 | VEAT

Law firm Veat provided all legal advisory services required in the process of Thirty-One (삼분의 일) acquiring Veat, a sleep data technology company, which was founded as a sleep specialist brand and was acquiring Thirty-One’s data technology company, in the process of Thirty-One’s acquisition of Veat.

Thirty-One aimed to strengthen its technological competitiveness for expanding the sleep tech market through this M&A, and will apply Thirty-One’s know-how and Veat’s excellent technology to the products to be released later.

Veat, a sleep specialist company acquired by Thirty-One, is a company that develops and sells sleep state measurement sensors and has branches both domestically and internationally, and has received $40,000 in funding from the Kickstarter cloud funding site in the US after precisely measuring data.

Law firm Veat provided all legal review documents related to this transaction, including stock transfer agreements, stock exchange agreements, and shareholder agreements, during the process of Thirty-One acquiring Veat, which is a invested company. Furthermore, Law firm Veat made every effort to ensure the successful completion of this M&A by conducting a due diligence and carrying out an active communication based on the extensive know-how accumulated from conducting various M&A over the years.

Law firm Veat recorded 4th place based on the total transaction count in the 2021 Bloomberg annual M&A league table and proved its expertise as a leading M&A company. Law firm Veat will assist in making M&A that satisfy both the acquirer and the acquired company based on the know-how provided to various corporate clients.

Thank you.

Law firm Veat.