Nippon Rietec Co.,Ltd.
Notice Regarding Stock Offering
Nihon Re-Tech Co., Ltd. resolved at the Board of Directors meeting on February 20, 2026, to conduct a stock offering of a total of 1,494,800 shares of common stock and also resolved to cancel 500,000 shares of treasury stock on the same day.
Key Figures
- Number of Shares Offered: 1,494,800 shares
- Over-Allotment Shares Offered (Maximum): 224,200 shares
- Number of Treasury Shares Cancelled: 500,000 shares
AI要約
Overview of the Stock Offering
Nihon Re-Tech Co., Ltd. resolved at the Board of Directors meeting on February 20, 2026, to offer 1,494,800 shares of common stock. The shares offered are sold by multiple major shareholders, and the offering price will be determined based on the closing prices on the Tokyo Stock Exchange during the period from March 3 to March 5, 2026. The offering will be conducted through a purchase underwriting method by a syndicate led by Mizuho Securities Co., Ltd. The subscription period will be two business days starting from the business day following the price determination date, and the settlement date is scheduled five business days after the price determination date.
Over-Allotment and Treasury Stock Cancellation
The offering includes an over-allotment option of up to 224,200 shares. Mizuho Securities Co., Ltd. will borrow these shares and holds the right to exercise the green shoe option, aiming to secure market liquidity through syndicate cover transactions and stabilization transactions. Furthermore, cancellation of 500,000 shares of treasury stock was resolved on the same day to enhance capital efficiency and optimize shareholder composition. Restrictions on share sales by major selling shareholders during the lock-up period are also set.