Top Win International Limited (Nasdaq: SORA), and Simon Gerovich of Metaplanet partner with KCGI, Korea’s premier financial group, in planned investment in SGA Co., Ltd., a KOSDAQ-listed software services provider
Top Win International (Nasdaq: SORA) has formed a strategic partnership with Metaplanet's CEO Simon Gerovich and KCGI to invest in SGA Co., Ltd. (KOSDAQ:049470), a Korean software services provider.
SGA's board has approved a third-party share issuance to the consortium, which will make them the largest shareholder upon completion. The proceeds will fund strategic acquisitions and corporate purposes, with SGA planning to expand into the digital asset space while maintaining its core business operations.
The transaction is currently in negotiation phase with no definitive agreement signed yet.
Top Win International (Nasdaq: SORA) ha stretto una partnership strategica con Simon Gerovich, CEO di Metaplanet, e KCGI per investire in SGA Co., Ltd. (KOSDAQ:049470), un fornitore coreano di servizi software.
Il consiglio di amministrazione di SGA ha approvato un'emissione di azioni a terzi destinata al consorzio, che diventerà il maggior azionista al completamento dell'operazione. I proventi saranno destinati ad acquisizioni strategiche e a scopi aziendali, con SGA che prevede di espandersi nel settore degli asset digitali mantenendo le sue attività principali.
La transazione è attualmente in fase di negoziazione e non è stato ancora firmato alcun accordo definitivo.
Top Win International (Nasdaq: SORA) ha establecido una alianza estratégica con Simon Gerovich, CEO de Metaplanet, y KCGI para invertir en SGA Co., Ltd. (KOSDAQ:049470), un proveedor coreano de servicios de software.
La junta directiva de SGA aprobó una emisión de acciones a terceros para el consorcio, que se convertirá en el mayor accionista tras la finalización. Los fondos se utilizarán para adquisiciones estratégicas y fines corporativos, con planes de SGA para expandirse en el espacio de activos digitales manteniendo sus operaciones principales.
La transacción se encuentra actualmente en fase de negociación sin un acuerdo definitivo firmado aún.
Top Win International (Nasdaq: SORA)는 Metaplanet의 CEO Simon Gerovich 및 KCGI와 전략적 파트너십을 맺고 한국 소프트웨어 서비스 제공업체인 SGA Co., Ltd. (KOSDAQ:049470)에 투자하기로 했습니다.
SGA 이사회는 컨소시엄 대상 제3자 배정 유상증자를 승인했으며, 완료 시 컨소시엄이 최대 주주가 됩니다. 자금은 전략적 인수 및 기업 목적에 사용되며, SGA는 핵심 사업을 유지하면서 디지털 자산 분야로 확장할 계획입니다.
거래는 현재 협상 단계에 있으며 아직 확정된 계약은 체결되지 않았습니다.
Top Win International (Nasdaq: SORA) a établi un partenariat stratégique avec Simon Gerovich, PDG de Metaplanet, et KCGI pour investir dans SGA Co., Ltd. (KOSDAQ:049470), un fournisseur coréen de services logiciels.
Le conseil d'administration de SGA a approuvé une émission d'actions à des tiers destinée au consortium, qui deviendra le principal actionnaire une fois l'opération finalisée. Les fonds serviront à financer des acquisitions stratégiques et des objectifs d'entreprise, SGA prévoyant de s'étendre dans le domaine des actifs numériques tout en maintenant ses activités principales.
La transaction est actuellement en phase de négociation et aucun accord définitif n'a encore été signé.
Top Win International (Nasdaq: SORA) hat eine strategische Partnerschaft mit Metaplanets CEO Simon Gerovich und KCGI geschlossen, um in SGA Co., Ltd. (KOSDAQ:049470), einen koreanischen Softwaredienstleister, zu investieren.
Der Vorstand von SGA hat eine Kapitalerhöhung durch Ausgabe von Aktien an Dritte für das Konsortium genehmigt, wodurch dieses nach Abschluss zum größten Aktionär wird. Die Erlöse sollen für strategische Akquisitionen und Unternehmenszwecke verwendet werden, wobei SGA plant, in den Bereich digitaler Vermögenswerte zu expandieren und gleichzeitig das Kerngeschäft beizubehalten.
Die Transaktion befindet sich derzeit in der Verhandlungsphase, ein endgültiger Vertrag wurde noch nicht unterzeichnet.
- Potential to become largest shareholder in a KOSDAQ-listed company
- Strategic expansion into digital asset space
- Access to consortium's global network and expertise
- No definitive agreement signed yet
- Terms and investment amount not disclosed
- Integration and execution risks with new digital asset initiatives
Seoul, Korea, July 14, 2025 (GLOBE NEWSWIRE) -- Top Win International Limited (Nasdaq: SORA) has partnered with Simon Gerovich (CEO of Metaplanet) and KCGI, a leading Korea-based investment firm, for a planned investment in SGA Co., Ltd. (KOSDAQ:049470). SGA Co., Ltd., has filed with the regulators disclosing that its board of directors has approved a third-party share issuance to the said consortium of investors.
Upon completion, the investor group will become SGA’s largest shareholder. Proceeds from the issuance will be used for strategic asset acquisitions and general corporate purposes. SGA Co., Ltd. plans to pursue new initiatives in the digital asset space by leveraging the consortium’s global network and expertise, while continuing to operate its core business in close collaboration with affiliates across the SGA Group. As of the date hereof, parties are negotiating the terms of such investment and no definitive agreement has been signed with respect to such transaction.
About TopWin
Top Win International Limited (Nasdaq: SORA) is a premier Hong Kong-based company specializing in the trading, distribution, and retail of luxury watches from renowned international brands. Operating through its subsidiary, Top Win International Trading Limited, TOPW serves a global B2B network of distributors, independent dealers, and retail sellers. Headquartered in Wan Chai, Hong Kong, and incorporated in 2001, Top Win International Trading Limited strives to deliver excellence in the luxury timepiece market. Commencing in May 2025, TOPW has ventured into the Web3 ecosystem and digital assets will be an additional focus of its future business direction.
Forward-Looking Statements
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, the Company’s plans to enter the digital asset market, the proposed partnership with Sora Ventures, and related business transformations. Forward-looking statements are subject to risks and uncertainties that could cause actual outcomes to differ materially from those expressed herein. Such risks include, but are not limited to, uncertainties related to market conditions, regulatory developments, the completion of the contemplated transactions, and other factors described in the “Risk Factors” section of the Company’s filings with the SEC. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.
Media Contact
TopWin Corporate Communications
Email: press@topwin.com
Phone: +852 2815 7988
FAQ
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