Worth reading
30Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
52
Millions of US dollars (capital contributions received by the fund)Wording
Definitive
How definitive the wording is.This transaction
Change in a Specified Subsidiary (Grand-Subsidiary)Disclosing companyNEXON Co.,Ltd.
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Execution Date / Effective Date20 April 2026 (date of change)
Target company
Investment Business
Location New York City, New York, United StatesDate of incorporation 1 August 2025
Net Sales— million US dollars (fiscal year ended December 2025)
Operating profitNet loss of 1 million US dollars (fiscal year ended December 2025)
Net income for the current fiscal yearNet loss of 1 million US dollars (fiscal year ended December 2025)
Net assets25 million US dollars (fiscal year ended December 2025)
Impact on Business Performance
The impact of the change in this specified subsidiary on our group’s consolidated results is immaterial.
| Item | Details |
|---|---|
| Transaction name | Change in a Specified Subsidiary (Grand-Subsidiary) |
| Name of the Subject Company | Alignment Growth Fund II, LP |
| Business Description of the Subject Company | Investment Business |
| Location of the Subject Company | New York City, New York, United States |
| Date of Establishment of the Subject Company | 1 August 2025 |
| Net Sales of the Subject Company | — million US dollars (fiscal year ended December 2025) |
| Operating Profit of the Subject Company | Net loss of 1 million US dollars (fiscal year ended December 2025) |
| Net Income of the Subject Company | Net loss of 1 million US dollars (fiscal year ended December 2025) |
| Net Assets of the Subject Company | 25 million US dollars (fiscal year ended December 2025) |
| Voting rights ownership percentage | Before 80% (capital contribution ratio) → after 84% (capital contribution ratio) |
| Impact on Business Performance | The impact of the change in this specified subsidiary on our group’s consolidated results is immaterial. |
| Execution Date / Effective Date | 20 April 2026 (date of change) |
Items this document does not state (20)
Counterparty nameCapital Stock of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Following the fund’s second closing, there were no longer any other limited partners with significant influence over the fund. After discussions with the audit firm, we determined that our group effectively controls the fund.
How to read this page
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