Announced details
Acquisition of the common shares of METALART CORPORATION and making the target company a wholly owned subsidiary
Extension of the tender offer period from 30 business days to 42 business days
スパークス・アセット・トラスト＆マネジメント株式会社 is a wholly owned subsidiary of SPARX Group Co.,Ltd. and the general partner of the Japan Monozukuri Mirai No. 2 Investment Limited Partnership. The fund owns all of the issued shares of Gerbera holdings株式会社.
METALART CORPORATION is listed on the Standard Market of the Tokyo Stock Exchange. Gerbera holdings株式会社 is the tender offeror. Daihatsu Motor Co., Ltd. owns 1,037,000 shares of the target company. Other company details: not disclosed
¥7,600 per common share
The company does not address Contract Value / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Tender offer for the common shares of METALART CORPORATION |
| Counterparty | METALART CORPORATION (Securities Code: 5644), Gerbera holdings株式会社, and Daihatsu Motor Co., Ltd. |
| Counterparty overview | METALART CORPORATION is listed on the Standard Market of the Tokyo Stock Exchange. Gerbera holdings株式会社 is the tender offeror. Daihatsu Motor Co., Ltd. owns 1,037,000 shares of the target company. Other company details: not disclosed |
| Relationship with the Company | スパークス・アセット・トラスト＆マネジメント株式会社 is a wholly owned subsidiary of SPARX Group Co.,Ltd. and the general partner of the Japan Monozukuri Mirai No. 2 Investment Limited Partnership. The fund owns all of the issued shares of Gerbera holdings株式会社. |
| Offering price | ¥7,600 per common share |
| Launch date | The tender offer has been in progress since 15 May 2026. The extension of the tender offer period through 13 July 2026 has been decided, rather than merely planned. |
| Applicable area | Acquisition of the common shares of METALART CORPORATION and making the target company a wholly owned subsidiary |
| Quantitative Effects | Extension of the tender offer period from 30 business days to 42 business days |
Items this document does not state (10)
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 provide shareholders with an additional opportunity to decide whether to tender their shares. In addition, METALART CORPORATION plans to file its annual securities report on 26 June 2026, and the extension is intended to secure the time required to submit an amendment to the tender offer registration statement.