Raksul Inc.
Announcement of Share Consolidation and Delisting | Laxaro May 2026
Laxaro approved a share consolidation and partial amendments to the articles of incorporation on May 12, 2026, with delisting scheduled for the same day. The consolidation ratio is set to reduce 28,000,000 shares to 1 share, decreasing the total number of shares. Sale of fractional shares and payment to shareholders are also planned.
Key Figures
- Total Shares Issued: 59,584,824 shares (as of March 31, 2026)
- Share Consolidation Ratio: 28,000,000 shares consolidated into 1 share
- Scheduled Delisting Date: May 29, 2026
AI要約
Overview of Share Consolidation and Articles of Incorporation Amendments
Laxaro approved the share consolidation and partial amendments to the articles of incorporation on May 12, 2026, setting the consolidation ratio at 28,000,000 shares to 1 share. As a result, the number of issued shares will decrease from approximately 59.58 million shares to 2 shares, and delisting is scheduled. Sale of fractional shares and payment to shareholders are also planned following the consolidation.
Schedule and Impact on Shareholders
The consolidation will take effect on June 2, 2026, after which sale of fractional shares and payment to shareholders are expected to be completed by late August 2026. With delisting, trading on the Tokyo Stock Exchange Prime Market will end, leading to significant changes in shareholders’ ownership ratios and stock liquidity.
Laxaro Corporation
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