BrainPad Inc.
Notice Regarding Cancellation of Treasury Stock
BrainPad Inc. announced the cancellation of 1,468,388 shares of treasury stock (6.58% of the total outstanding shares) scheduled for March 18, 2026.
Key Figures
- Number of shares canceled: 1,468,388 shares (6.58% of total outstanding shares)
- Scheduled cancellation date: 2026-03-18
- Total outstanding shares after cancellation: 20,832,208 shares
AI要約
Overview of Treasury Stock Cancellation
At the board of directors meeting on January 27, 2026, BrainPad Inc. resolved the cancellation of treasury stock in accordance with Article 178 of the Companies Act. The shares to be canceled are common shares amounting to 1,468,388 shares (6.58% of the total outstanding shares before cancellation). The scheduled cancellation date is March 18, 2026, and the total outstanding shares after cancellation are expected to be 20,832,208 shares.
Breakdown of Cancelled Shares and Future Plans
The number of shares to be canceled includes 1,391,615 treasury shares held by the company as of December 31, 2025, and 76,773 restricted stock units for officers and employees subject to gratuitous acquisition in the future. Additionally, this is contingent upon the approval of a stock consolidation proposal at the extraordinary shareholders meeting scheduled for February 26, 2026.
