Ridge-i Inc.
Notice of Change in Use of Proceeds
The company has partially changed the planned use of funds raised. Allocations for personnel-related expenses and research and development have been increased, equipment-related allocations will have their period extended, and IT-related expenses have been newly added. The timing of allocations has also been revised; the impact on the fiscal year ending July 2027 is expected to be minor, and any future material impact will be disclosed promptly.
Key Figures
- Total allocated amount: 524,300 thousand yen
- Of the allocated amount, personnel-related expenses: 167,000 thousand yen
- IT-related expenses: 209,300 thousand yen (changed to no allocation)
AI要約
Overview of the Change
The Company’s board of directors approved a resolution to partially change the use of funds raised following its recent listing. The previously planned allocations for personnel-related expenses and research and development have been increased, equipment-related allocations have been extended in period and reallocated in amounts, and IT-related expenses have been newly established. The total allocation amount remains unchanged at 524,300 thousand yen, while the planned timing of some allocations has been revised.
Future Impact and Disclosures
The Company expects the impact of this change on the fiscal year ending July 2027 to be minor; however, if any impacts arise in the future, they will be disclosed promptly. The change in use of proceeds reflects an active capital allocation to support business expansion and indicates a policy to strengthen investments to address demand related to generative AI.
Ridge-i Inc.
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