MP-2606株式会社 will commence a tender offer for all of SHARINGTECHNOLOGY INC.'s common shares and stock acquisition rights. If the tender offer is successful, it intends to make the company a wholly owned subsidiary.
| Item | Details |
|---|---|
| Transaction name | This tender offer |
| Counterparty name | MP-2606株式会社 |
| Name of the Subject Company | SHARINGTECHNOLOGY INC. |
| Type of Consideration | Cash |
| Tender offer price | ¥1,550 per common share, ¥1 per 15th Series Stock Acquisition Right, and ¥1 per 16th Series Stock Acquisition Right |
| Minimum number of shares to be purchased | 16,030,200 shares |
| Tender offer period | From 10 September 2026 to 27 October 2026 (30 business days) |
| Number of shares acquired | Planned purchase quantity: 25,211,268 shares. The number of voting rights corresponding to the minimum planned purchase quantity is 160,302. |
| Voting rights ownership percentage | Before 0% (the offeror does not own any shares or stock acquisition rights of the target company) (after not disclosed) |
| Date of board resolution | 9 September 2026 |
| Contract Date | 9 September 2026 |
| Execution Date / Effective Date | 4 November 2026 (settlement commencement date). The effective dates of the transaction making the target company a wholly owned subsidiary and the share consolidation are Not disclosed |
| Conditions Precedent to Execution | The total number of tendered share certificates and other securities must be at least the minimum planned purchase quantity of 16,030,200 shares. Regarding the target company's stock acquisition rights, the target company's board of directors has resolved to give comprehensive approval for their tender, conditional on the successful completion of the tender offer. If all shares cannot be acquired, the company intends to conduct a share consolidation. |
| Management structure after acquisition | Following the investment, MBK Partners states that it will actively provide management support to maximize the enterprise value of its portfolio company. The target company's corporate name, representative, and treatment of employees are Not disclosed |
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 stated purpose of the transaction is to acquire all of the target company's shares and stock acquisition rights and make the target company a wholly owned subsidiary. MBK Partners also states that, following the investment, it will provide management support aimed at maximizing the enterprise value of its portfolio company.