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Kufu Company Holdings (4376) · InitiativeAchieved

Private Placement and Capital Reduction in Connection with Consideration for the HyAS Share Exchange

First written in FY2024-Q1. 1 of 1 entries say "Achieved", first in FY2024-Q1. Latest entry: FY2024-Q1.

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Private Placement Capital Increase and Capital Reduction for Share Exchange ConsiderationA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2024-Q1AchievedAnnual report

    「At a meeting of the Board of Directors held on 14 November 2023, the Company resolved to reduce the amounts of its stated capital and capital reserve on the date of the third-party allotment, and the reduction became effective on 25 January 2024.」

    To secure consideration for the triangular share exchange with HyAS, the Company issued 5,611,836 common shares through a third-party allotment on 25 January 2024, raising ¥1,722,833,652, and transferred the resulting increases in stated capital and capital reserve to other capital surplus through a capital reduction.
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Private Placement and Capital Reduction in Connection with Consideration for the HyAS Share Exchange | Kufu Company Holdings Inc. (4376) | Komori