Valuence Holdings Inc.
Notice Regarding Cancellation of Planned Issuance of New Shares and Secondary Offering
The Board of Directors resolved on November 10 to cancel the planned issuance of new shares and secondary offering. The reasons cited are increased market uncertainty and prioritizing maximization of existing shareholders' interests. The cancellation will not result in any change of controlling shareholder other than the parent company. There is no impact on ongoing business operations or the current medium-term management plan.
Key Figures
- Cancellation of planned issuance of new shares and secondary offering: Date resolved November 10, 2026 (decision)
- Scope of impact: No change of controlling shareholder other than the parent company
- Reason for cancellation: Market environment uncertainty and maximization of existing shareholders' interests
AI要約
Overview of Cancellation
This announcement states that the decision, initially disclosed on October 30, 2026, to issue new shares and conduct a secondary offering has been canceled by resolution of the Board of Directors on November 10, 2026. The background for the cancellation cites heightened market uncertainty and a judgment to prioritize maximizing shareholder value. It is explained that the cancellation does not affect the current medium-term management plan.
Outlook and Impact
Although the planned issuance of new shares and secondary offering have been canceled, it is explicitly stated that there will be no impact on business operations or execution of the current medium-term management plan. The original plan aimed at diversifying the shareholder base, improving share liquidity, and strengthening corporate governance will be reviewed, but initiatives to enhance corporate value over the medium to long term will continue.
Valuence Holdings Inc.
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