Komori
M&A and Subsidiary Changes9565GLOE Inc.Information and Communications, Services and Others

Notice Regarding Change of Company Name

The company will change its name from ウェルプレイド・ライゼスト株式会社 to GLOE株式会社. Subject to approval of the amendments to the Articles of Incorporation at the Annual General Meeting of Shareholders scheduled for 26 January 2024, the change is planned for 1 February 2024.

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This transaction

Corporate Name Change
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Procedures and assumptions
Conditions Precedent to Execution2024年1月26日開催予定の定時株主総会において定款の一部変更が承認されること
Management structure after acquisition商号をGLOE株式会社(英語表記:GLOE Inc.、読み方:グロー)に変更。代表者・従業員の処遇についてはNot disclosed
This transaction
ItemDetails
Transaction nameCorporate Name Change
Date of board resolution21 December 2023
Execution Date / Effective Date2024年2月1日(予定)
Conditions Precedent to Execution2024年1月26日開催予定の定時株主総会において定款の一部変更が承認されること
Management structure after acquisition商号をGLOE株式会社(英語表記:GLOE Inc.、読み方:グロー)に変更。代表者・従業員の処遇についてはNot disclosed
Items this document does not state (27)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial Committee

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The reasons the company gives

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eスポーツ事業に加えてゲーム周辺領域へ事業を広げる新しいビジョンを示し、グループ企業が一体となって新たな挑戦と持続的な成長を進めるため。

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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 Change of Company Name | GLOE Inc. (9565) timely disclosure | Komori