Komori
Share Issuance and Disposal7128UNISOL Holdings CorporationTrading & Wholesale

Notice Regarding an Investment in Frinks AI by Our Consolidated Subsidiary

Our subsidiary, ユニソル株式会社, has entered into an agreement to invest the equivalent of US$1 million in Frinks AI, an Indian company providing AI-powered visual inspection solutions. Execution of the investment is subject to the opening of a Demat account in India and completion of the screening process under the Foreign Exchange and Foreign Trade Act.

Worth reading
34Immaterial
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
1000000
US dollar equivalent
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Impact on Business Performance
The impact on the business results of our group is expected to be immaterial.
Details of issuance or disposal
ItemDetails
Impact on Business PerformanceThe impact on the business results of our group is expected to be immaterial.
Items this document does not state (27)
Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offering

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 strengthen our engineering business in global markets by leveraging Frinks AI's AI technology, while also strengthening access to networks in the Indian market and creating business opportunities.

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 Regarding an Investment in Frinks AI by Our Consolidated Subsidiary | UNISOL Holdings Corporation (7128) timely disclosure | Komori