BuySell Technologies Co.,Ltd.
(Correction) Notice Regarding Partial Correction of “Acquisition of Shares and Simplified Share Exchange for Complete Wholly-Owned Subsidiarization of DelightZ, Inc.”
In the acquisition of shares and simplified share exchange involving DelightZ, Inc., the number of newly issued shares initially planned at 60,400 shares has doubled to 120,800 shares, and the share exchange ratio has changed from 483.2 shares to 966.4 shares per 1 share. The effective date is scheduled for April 7, 2026.
Key Figures
- Number of Newly Issued Shares: 120,800 shares (post-correction)
- Share Exchange Allocation Ratio: 966.4 shares per 1 DelightZ share
- Number of Shares Acquired: 875 shares
AI要約
Overview of M&A
BuySell Technologies, Inc. plans to make DelightZ, Inc. a wholly-owned subsidiary by acquiring 875 shares out of the 1,000 issued shares, and acquiring the remaining 125 shares through a share exchange. Initially, the number of newly issued shares to be delivered through the share exchange was 60,400 shares, but following this correction, the number has increased to 120,800 shares, and the share exchange allocation ratio has been changed from 483.2 shares to 966.4 shares per 1 share. The valuation of share value was conducted by an independent third-party organization, Taiyo Grant Thornton Advisors, which valued DelightZ’s shares at 2,400,000 yen per share.
Impact on Shareholders and Future Outlook
Due to the change in the share exchange ratio, the number of new shares to be issued by BuySell Technologies will increase, raising concerns about dilution for existing shareholders. The effective date is scheduled for April 7, 2026, and management integration accompanying the wholly-owned subsidiary status is expected to progress. The share value was calculated using the market stock price average method, DCF method, and comparable company analysis, ensuring a reasonable valuation basis.
