Bizmates, Inc.
Notice Regarding Acquisition of Shares of With The World, Inc. and Making It a Wholly-Owned Subsidiary Through a Simplified Share Exchange
Acquire shares of With The World, Inc. and make it a wholly-owned subsidiary. 313 shares will be acquired in cash and the remaining 32 shares will be acquired via a share exchange. Issue 34,364 new shares. Share exchange ratio: 1 share of With The World to 1,073.875 shares of our company. Consolidation as a subsidiary scheduled for October 16, 2026.
Key Figures
- Share acquisition price: 195,965,217 yen
- Number of newly issued shares: 34,364 shares
- Number of shares owned after acquisition: 313 shares (90.7%)
AI要約
Key Points of the Transaction
Bizmates, Inc. will acquire shares of With The World, Inc. and implement a share acquisition and a simplified share exchange to make it a wholly-owned subsidiary. The share acquisition will acquire 313 shares in cash and 32 shares through the share exchange. 34,364 new shares will be issued, and With The World will be taken private. The share exchange ratio is 1,073.875 shares of Bizmates, Inc. for each 1 share of With The World (fractional handling applies).
Outlook and Impact
This transaction is implemented as part of a non-continuous growth strategy and aims to create growth opportunities by leveraging With The World’s education-related network and collaboration track record with public institutions. Goodwill is expected to arise from the share exchange, and the company is expected to be consolidated from the fiscal year ending December 2026, although the financial impact is currently being examined.
Bizmates, Inc.
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