Forum Engineering Inc.
Notice Regarding Approval Resolution on Partial Amendment of Articles of Incorporation, Issuance of Class Shares through Third-Party Allotment, Reduction of Capital Stock and Capital Surplus, Share Consolidation, and Abolishment of the Unit Share System
Issued one A-type class share by third-party allotment for JPY 24,504,000,000, reducing capital stock and capital surplus by JPY 12,252,000,000 each. Shares consolidated at a ratio of 9,920,420 shares into one share, resulting in 4 issued shares. Delisting is scheduled for May 13, 2026.
Key Figures
- Amount Raised by Third-Party Allotment: JPY 24,504,000,000
- Amount of Capital Stock Reduction: JPY 12,252,000,000
- Share Consolidation Ratio: 9,920,420 shares consolidated into one share
AI要約
Overview of Capital Policy
Forum Engineering Inc. resolved at the extraordinary shareholders meeting held on February 25, 2026, to partially amend the Articles of Incorporation to establish A-type class shares, issue one A-type class share through third-party allotment at an issue price of JPY 24,504,000,000, reduce capital stock and capital surplus by JPY 12,252,000,000 each, implement share consolidation of 9,920,420 shares into one share, and abolish the unit share system. As a result, the number of issued shares will be reduced to 4, and the unit share system provision will be abolished.
Impact on Shareholders and Future Schedule
The effective date of the share consolidation is scheduled for May 15, 2026. Due to this, the company’s shares will meet the delisting criteria of the Tokyo Stock Exchange, and delisting is expected on May 13, 2026. After delisting, trading on the Prime Market will no longer be possible. Fractional shares resulting from the share consolidation will be sold, and the proceeds will be distributed to shareholders. The buyer of these fractional shares will be KJ003 Inc., the allottee in the third-party allotment, with funds secured through an investment from its parent company.
