OXIDE Corporation
Notice of Capital and Business Alliance with JX Metals Corporation and Issuance of New Shares by Third-Party Allotment
Aiming for growth in optical materials and photonics for AI data centers, 890,000 shares will be allotted to JX Metals Corporation by third-party allotment. Subscription price is 3,088 yen per share, total proceeds approximately 2,748,320,000 yen, with uses including 2,498 million yen for Faraday rotor manufacturing equipment investment and 225 million yen for quantum business development investment. The issuance date is scheduled for 2026-11-25.
Key Figures
- 890,000 shares: Number of newly issued shares
- 3,088 yen: Subscription price
- 2,748,320,000 yen: Total subscription amount
AI要約
Overview of the Capital Alliance
This matter involves OXIDE Corporation entering into a capital and business alliance agreement with JX Metals Corporation and resolving to issue 890,000 new shares to JX Metals as a third-party allotment. The purpose is to strengthen competitiveness in advanced materials by leveraging crystal growth technology and optical/photonic technologies, and to create new business opportunities and sustainable growth in markets such as optical communications, quantum technology, and semiconductor-related fields.
Use of Proceeds and Future Outlook
Approximately 2,723 million yen of the proceeds will be allocated to manufacturing equipment investment for Faraday rotors and research and development equipment investment for the quantum business, with spending periods from November 2026 to August 2027 and February 2027 to August 2027. This will expand production capacity and accelerate R&D in the quantum field, aiming for medium- to long-term business growth.
OXIDE Corporation
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