Komori
Share Issuance and Disposal7369Meiho Holdings,Inc.Information and Communications, Services and Others

Notice Regarding an Off-Auction Share Offering

The Company plans to sell 117,500 of its shares held by the Representative Director and President through an off-auction distribution. The purpose is to improve the distribution and liquidity of the Company's shares and to have the Company removed from the classification of a specified family company.

Worth reading
40Recurring
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
117500
Shares
Wording
Avoiding a definitive answer
How definitive the wording is.

Details of issuance or disposal

Off-auction distribution

Who receives how much117,500Shares

117,500 shares

An unspecified number of purchasing customers (up to 3,000 shares per purchasing customer)

The lower thin line represents the existing number of shares to which these shares will be added.

To be determined based on the closing price or final quote on the day before the off-auction distribution
Basis for determining the amount to be paid
To be determined based on the closing price or final quote on the day before the off-auction distribution
Details of issuance or disposal
ItemDetails
Type of issuance or disposalOff-auction distribution
Number of shares to be issued or disposed of117,500 shares
Issue price and disposal priceTo be determined based on the closing price or final quote on the day before the off-auction distribution
Intended allotteeAn unspecified number of purchasing customers (up to 3,000 shares per purchasing customer)
Basis for determining the amount to be paidTo be determined based on the closing price or final quote on the day before the off-auction distribution
Items this document does not state (23)
Total issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateTotal number of issued sharesExercise 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 offeringImpact 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.

The transaction is intended to improve the distribution and liquidity of the Company's shares and to have the Company removed from the classification of a specified family company subject to retained earnings tax.

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 Off-Auction Share Offering | Meiho Holdings,Inc. (7369) timely disclosure | Komori