Worth reading
72In focus
Scored from 2 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Squeeze-out proceduresCounterpartyECM Master Fund SPV 3 (ECM)
Disclosing companySOFT99corporation
Date of board resolution15 May 2026
Execution Date / Effective DateUndecided (no decision has been made regarding the implementation of a share consolidation after the conclusion of the 72nd Annual General Meeting of Shareholders)
| Item | Details |
|---|---|
| Transaction name | Squeeze-out procedures |
| Counterparty name | ECM Master Fund SPV 3 (ECM) |
| Name of the Subject Company | SOFT99corporation |
| Date of board resolution | 15 May 2026 |
| Execution Date / Effective Date | Undecided (no decision has been made regarding the implementation of a share consolidation after the conclusion of the 72nd Annual General Meeting of Shareholders) |
Items this document does not state (27)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets 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 acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract 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.The company will continue discussions and consideration with the ECM Group and major shareholders regarding the implementation of the squeeze-out procedures, after giving sufficient consideration to enhancing corporate value and protecting shareholder interests.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.