Decision and Details
With The World Co., Ltd. extraordinary general meeting of shareholders; Bizmates, Inc. omitted shareholder approval pursuant to the main clause of Article 796, Paragraph 2 of the Companies ActShare exchange under which Bizmates, Inc. is the wholly owning parent company in the share exchange and With The World Co., Ltd. is the wholly owned subsidiary in the share exchange
Implementation of the share exchange and post-transaction disclosure under the Companies Act
| Item | Details |
|---|---|
| Matter Covered | Share exchange under which Bizmates, Inc. is the wholly owning parent company in the share exchange and With The World Co., Ltd. is the wholly owned subsidiary in the share exchange |
| Decision-Making Body | With The World Co., Ltd. extraordinary general meeting of shareholders; Bizmates, Inc. omitted shareholder approval pursuant to the main clause of Article 796, Paragraph 2 of the Companies Act |
| Decision Date | 5 October 2026 (date of execution of the share exchange agreement and date of resolution at With The World Co., Ltd.'s extraordinary general meeting of shareholders) |
| Implementation Date | 30 October 2026 (effective date; completed) |
| Amount | Increase in stated capital: ¥0; increase in retained earnings reserve: ¥0; capital reserve: an amount separately determined by Bizmates, Inc. in accordance with Article 39 of the Ordinance on Company Accounting |
| Quantity / scale | Number of shares transferred: 32; share exchange ratio: 1,073.875 common shares of Bizmates, Inc. for each common share of With The World Co., Ltd.; number of shares issued: 34,364 (all newly issued) |
| Reason | Implementation of the share exchange and post-transaction disclosure under the Companies Act |
| Governing Rule | Companies Act, Article 791, Paragraph 1, Item 2; Article 801, Paragraph 3, Item 3; Article 783, Paragraph 1; Article 784-2; Article 785; Article 787; Article 789; Article 795, Paragraph 1; Article 796, Paragraphs 2 and 3; Article 797; Article 799; Companies Act Enforcement Regulations, Article 190; Act on Book-Entry Transfer of Company Bonds and Shares, Article 161, Paragraph 2; Ordinance on Company Accounting, Article 39 |
| Related previous disclosures | Share exchange agreement dated 5 October 2026; With The World Co., Ltd. extraordinary general meeting of shareholders held on 5 October 2026; electronic public notice dated 9 October 2026 |
Items this document does not state (3)
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.This is a post-transaction disclosure of a share exchange under the Companies Act, made to report that the share exchange was conducted and the progress of the statutory procedures.