Komori
M&A and Subsidiary Changes5644METALART CORPORATIONIron & Steel, Nonferrous Metals

(Change) Notice of Changes to the “Notice Concerning the Company’s Opinion in Favor of the Tender Offer for Its Shares by Gerbera holdings株式会社 and Recommendation to Tender”

The tender offer period has been extended from 30 business days, ending 25 June 2026, to 42 business days, ending 13 July 2026. Accordingly, the record date and expected timing of the extraordinary general meeting of shareholders have also been deferred, but the purchase price of ¥7,600 remains unchanged.

Worth reading
56In focus
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Direction
Neutral
Direction inferred from the company’s description.
Scale
42
Business days
Wording
Conditional
How definitive the wording is.

What was corrected and how

A subsequent correction by the company to the contents of an already published filing.

Original disclosure14 May 2026

Notice of Opinion in Favor of and Recommendation to Tender Shares in the Tender Offer for Our Shares by Gerbera holdings株式会社

Open the original document
42 daysThe pre-correction wording stayed published for this period (Calculated from the Original Disclosure Date Indicated in the Document)
This correction2026-06-25
Location of correction (where in the original document)

2. Outline of the Tender Offer, etc.; 3. Details, Basis and Reasons for the Opinion Regarding the Tender Offer, etc. (2) Basis and Reasons for the Opinion: ① Overview of the Tender Offer, ② Background, Purpose and Decision-Making Process Leading to the Tender Offeror's Decision to Conduct the Tender Offer; (3) Measures to Ensure the Fairness of the Tender Offer: ⑦ Securing Objective Conditions to Ensure the Fairness of the Tender Offer; and (4) Policy Regarding Reorganization, etc. after the Tender Offer

Before correction

Tender offer period: from Friday, 15 May 2026, to Thursday, 25 June 2026 (30 business days); record date for the extraordinary general meeting of shareholders: around early July 2026; extraordinary general meeting of shareholders: around late August 2026; timing for requesting the meeting to be convened: targeting late August 2026

After correction

Tender offer period: from Friday, 15 May 2026, to Monday, 13 July 2026 (42 business days); record date for the extraordinary general meeting of shareholders: around late July 2026; extraordinary general meeting of shareholders: around mid-September 2026; timing for requesting the meeting to be convened: targeting mid-September 2026

ChangesThe tender offer period has been extended from 30 business days to 42 business days, and the schedule relating to the extraordinary general meeting of shareholders has been changed.
Reason for correction

After comprehensively considering the status of tenders by the Company's shareholders and other factors, to provide the Company's shareholders with a further opportunity to consider whether to tender their shares in the tender offer. In addition, as the Company plans to file its securities report on 26 June 2026 and is expected to be required to file an amendment to the tender offer registration statement in connection with that filing, to secure in advance the necessary tender offer period.

What was corrected and how
ItemDetails
Disclosure subject to correctionNotice of Opinion in Favor of and Recommendation to Tender Shares in the Tender Offer for Our Shares by Gerbera holdings株式会社
Original disclosure date14 May 2026
Location of correction2. Outline of the Tender Offer, etc.; 3. Details, Basis and Reasons for the Opinion Regarding the Tender Offer, etc. (2) Basis and Reasons for the Opinion: ① Overview of the Tender Offer, ② Background, Purpose and Decision-Making Process Leading to the Tender Offeror's Decision to Conduct the Tender Offer; (3) Measures to Ensure the Fairness of the Tender Offer: ⑦ Securing Objective Conditions to Ensure the Fairness of the Tender Offer; and (4) Policy Regarding Reorganization, etc. after the Tender Offer
Details of correctionTender offer period: from Friday, 15 May 2026, to Thursday, 25 June 2026 (30 business days); record date for the extraordinary general meeting of shareholders: around early July 2026; extraordinary general meeting of shareholders: around late August 2026; timing for requesting the meeting to be convened: targeting late August 2026 → Tender offer period: from Friday, 15 May 2026, to Monday, 13 July 2026 (42 business days); record date for the extraordinary general meeting of shareholders: around late July 2026; extraordinary general meeting of shareholders: around mid-September 2026; timing for requesting the meeting to be convened: targeting mid-September 2026
Reason for correctionAfter comprehensively considering the status of tenders by the Company's shareholders and other factors, to provide the Company's shareholders with a further opportunity to consider whether to tender their shares in the tender offer. In addition, as the Company plans to file its securities report on 26 June 2026 and is expected to be required to file an amendment to the tender offer registration statement in connection with that filing, to secure in advance the necessary tender offer period.
Items this document does not state (1)
Impact on Business Performance

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.

After comprehensively considering the status of shareholders' tenders and other factors, to provide shareholders with a further opportunity to consider whether to tender their shares. In addition, to secure in advance the tender offer period required for the filing of an amendment to the tender offer registration statement in connection with the securities report scheduled to be filed on 26 June 2026.

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.
(Change) Notice of Changes to the “Notice Concerning the Company’s Opinion in Favor of the Tender Offer for Its Shares by Gerbera holdings株式会社 and Recommendation to Tender” | METALART CORPORATION (5644) timely disclosure | Komori