Komori
General Meetings of Shareholders6197Solasto CorporationInformation and Communications, Services and Others

Notice of Convocation of an Extraordinary General Meeting of Shareholders

To take the Company private following the MBO, proposals have been submitted to the extraordinary general meeting of shareholders for a share consolidation at a ratio of 2,120,340 shares to 1 share and for the related amendments to the Articles of Incorporation. Once the share consolidation takes effect, the number of authorized shares will be reduced to 168, and the provisions concerning the share unit system and electronic provision measures will be deleted from the Articles of Incorporation.

Worth reading
54Recurring
Scored from 3 of 4 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
2120340
Share consolidation into 1 share for every [unspecified number] shares
Wording
Definitive
How definitive the wording is.

Resolutions for the General Meeting of Shareholders

Extraordinary General Meeting of Shareholders
2026
Jul 6
Date and time(Monday)35 days from this disclosure to the meeting
Matters for resolution2 items

  1. Share Consolidation

  2. Partial Amendments to the Articles of Incorporation

Resolutions for the General Meeting of Shareholders
ItemDetails
Type of shareholders' meetingExtraordinary General Meeting of Shareholders
Date and time1:00 p.m. on 6 July 2026 (Monday)
Matters for resolutionProposal No. 1: Share Consolidation, Proposal No. 2: Partial Amendments to the Articles of Incorporation
Items this document does not state (3)
Shareholder ProposalDirector nomineePercentage voting in favor

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.

To take the Company's shares private through a squeeze-out procedure following the tender offer and leave only the shareholders scheduled to remain as shareholders. The amendments to the Articles of Incorporation are required because the number of authorized shares will be reduced to 168 as a result of the share consolidation, making the provisions concerning the share unit system and electronic provision system unnecessary.

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.
Notice of Convocation of an Extraordinary General Meeting of Shareholders | Solasto Corporation (6197) timely disclosure | Komori