NICHIDEN Corporation

9902.T
Industrial Distribution
2026/02/18 Updated
Market Cap: $484.9M (¥74.4B)
Stock Price: $16.42 (¥2,518)
Exchange Rate: 1 USD = ¥153.37

Notice Regarding Secondary Offering of Shares

NIDEN CORPORATION resolved at the Board of Directors meeting on February 10, 2026, to conduct a secondary offering of 1,882,000 common shares. The offering price will be determined based on the closing prices on the Tokyo Stock Exchange from February 18 to 25, 2026.

Importance:
Page Updated: February 10, 2026
IR Disclosure Date: February 10, 2026

Key Figures

  • Number of Shares Offered: 1,882,000 shares
  • Number of Over-Allotment Shares (Maximum): 282,300 shares
  • Lock-Up Period: 180 days from the settlement date

AI要約

Overview of Secondary Offering

NIDEN CORPORATION resolved at the Board of Directors meeting held on February 10, 2026, to conduct a secondary offering of 1,882,000 common shares. The offering will be underwritten through a purchase underwriting agreement, with Nomura Securities Co., Ltd. serving as the lead managing underwriter. The offering price will be determined within a range of 0.90 to 1.00 times based on the closing prices on the Tokyo Stock Exchange from February 18 to 25, 2026. The sellers are The Hyakujushi Bank, Ltd., Mizuho Bank, Ltd., Resona Bank, Limited, and The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Over-Allotment and Lock-Up Agreement

An over-allotment offering of up to 282,300 shares is planned; however, this may be reduced or not executed depending on demand conditions. Nomura Securities Co., Ltd. holds a green shoe option and may conduct syndicate cover transactions or stabilization transactions up to March 19, 2026. The sellers and some shareholders agree not to sell or otherwise dispose of shares during the lock-up period of 180 days from the settlement date without the consent of Nomura Securities Co., Ltd.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.