Art Vivant Co., Ltd.
Notice of Extraordinary General Meeting of Shareholders Regarding Stock Consolidation, Abolition of the Unit Share, and Partial Amendment of the Articles of Incorporation
Stock consolidation of 618,000 shares into 1 share with cash in lieu for fractions. An Extraordinary General Meeting is scheduled for October 20, 2026, to approve delisting following the consolidation and a change to the Articles of Incorporation. Includes a structure related to MB0 assuming a buyout by the tender offeror.
Key Figures
- 618,000 shares consolidated into 1 share
- Total issued shares is undetermined → after consolidation, 14 shares (as of the effective date)
- Delisting date: November 11, 2026 (planned)
AI要約
Stock consolidation and fractional share handling
At this Extraordinary General Meeting, a stock consolidation is proposed to merge 618,000 shares into 1 share. In the event of fractional shares, the fractional total shares will be sold to the tender offeror, and the proceeds will be paid to fractional shareholders. This consolidation is part of MB0, including the tender offer, and a Special Committee's recommendation has been obtained to ensure fairness. The amount for fractional delivery will be based on 1,900 yen, and sales/ deliveries will proceed with court approval.
Upcoming schedule and listing
The effective date of the stock consolidation is scheduled for November 13, 2026, after which delisting is anticipated. Specific dates such as the de-listing designation date and the final trading day will be based on the anticipated dates stated in this material. If the changes to the Articles of Incorporation are also approved, the total number of authorized shares will be reduced to 50, and the provision for a board lot size of 100 shares will be abolished.
Art Vivant Co., Ltd.
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