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Share Issuance and Disposal7616COLOWIDE CO.,LTD.Retail

Notice Regarding the Allocation of Funds Raised Through the Issuance of New Shares

The approximate net proceeds of ¥31,642,625,000 raised through a previous issuance of new shares were allocated in full to M&A as planned. The funds were used to acquire shares of Seagrass Holdco Pty Ltd. and C-United Co., Ltd.

Worth reading
85Important
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
31642625000
yen
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Issuance of new shares (previous issuance of new shares)

Amount of funds to be raised

Total amount paid in: Not disclosed; approximate net proceeds: ¥31,642,625,000

Specific use of funds
Acquisition of shares of Seagrass Holdco Pty Ltd.Amount ¥19,233 million / Scheduled timing of expenditures Share acquisition date: 2 June 2025
Acquisition of shares of C-United Co., Ltd.Amount ¥44,092 million / Scheduled timing of expenditures Share acquisition date: 1 April 2026
Most recent equity financing
Issuance of new shares and secondary offering disclosed on 20 August 2024, Third-party allotment disclosed on 24 September 2024
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of new shares (previous issuance of new shares)
Amount of funds to be raisedTotal amount paid in: Not disclosed; approximate net proceeds: ¥31,642,625,000
Specific use of fundsDetails Acquisition of shares of Seagrass Holdco Pty Ltd. / Amount ¥19,233 million / Scheduled timing of expenditures Share acquisition date: 2 June 2025, Details Acquisition of shares of C-United Co., Ltd. / Amount ¥44,092 million / Scheduled timing of expenditures Share acquisition date: 1 April 2026
Most recent equity financingIssuance of new shares and secondary offering disclosed on 20 August 2024, Third-party allotment disclosed on 24 September 2024
Items this document does not state (24)
Number of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueEstimated issuance expensesPayment 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 ConductMajor 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.

To allocate the funds to M&A that will contribute to the expansion of the Company's Group business.

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 the Allocation of Funds Raised Through the Issuance of New Shares | COLOWIDE CO.,LTD. (7616) timely disclosure | Komori