GREE Holdings, Inc.
Notice Regarding Stock Acquisition Act Prescribed by Cabinet Order Equivalent to a Tender Offer
Sequoia Corporation will acquire 14,961,000 shares (8.34% voting rights) of GREE Holdings, Inc. from Mr. Yoshikazu Tanaka on March 6, 2026, aiming for long-term holding as a stable shareholder.
Key Figures
- Number of Shares Acquired: 14,961,000 shares (acquired as in-kind contribution assets)
- Percentage of Voting Rights: 8.34% (based on the total number of voting rights as of December 31, 2025)
- Stock Acquisition Date: 2026-03-06
AI要約
Overview of Stock Acquisition Equivalent to a Tender Offer
Sequoia Corporation has decided to acquire 14,961,000 shares of GREE Holdings, Inc. from shareholder Yoshikazu Tanaka as an in-kind contribution. The number of shares corresponds to 8.34% on a voting rights basis and is scheduled for acquisition on March 6, 2026. This acquisition qualifies as stock acquisition equivalent to a tender offer as specified in Article 167, Paragraph 1 of the Financial Instruments and Exchange Act and Article 31 of the related Cabinet Order. Sequoia Corporation aims to be a stable shareholder through long-term holding.
Impact on Shareholders and Future Outlook
This stock acquisition increases Sequoia Corporation's voting rights ratio in GREE Holdings to 8.34%, strengthening its position as a stable shareholder. This is expected to stabilize management and enhance corporate value over the medium to long term. Details regarding the use of funds or specific impact amounts related to this acquisition are not provided in the documentation.