Avell Data and TechnomathmSys conduct a share exchange. Avell Data becomes the parent company and TechnomathmSys becomes the wholly owned subsidiary, with TechnomathmSys to be delisted. The exchange consideration is cash of 690 yen per TechnomathmSys share. 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Avell Data becomes the parent company and TechnomathmSys becomes the wholly owned subsidiary, with TechnomathmSys to be delisted. The exchange consideration is cash of 690 yen per TechnomathmSys share. Measures to ensure fairness include establishment of an independent committee, third-party valuation, and involvement of multiple legal and financial advisors.","jir_summary":"### Overview of the share exchange\nThis simplified share exchange procedure designates Avell Data as the wholly parent company and TechnomathmSys as the wholly owned subsidiary. The effective date is scheduled for December 3, 2026. Delisting of TechnomathmSys is planned by that date. As consideration, Avell Data will pay cash of 690 yen per share to shareholders immediately prior to the acquisition of TechnomathmSys shares. To ensure fairness, the company will obtain a valuation report from a third-party appraisal institution, establish an independent special committee, and involve multiple legal and financial advisors.\n\n### Outlook and impact\nThe share exchange is expected to enable product development through integration of technologies and products from both companies, and expand business scale by proposing licensing of TechnomathmSys technology to Avell Data's customers. After delisting, cash-based share buyout opportunities will be offered, and funds are expected to be secured through group financing. The impact on future consolidated results is currently undetermined, and earnings guidance may be revised as needed.","jir_financial_highlights":"Share exchange consideration: 690 \u5186 (unknown)\nDelisting date of TechnomathmSys: October 1, 2026 (last trading day September 30, 2026) (unknown)\nAvell Data's capital stock: 2,354 \u767e\u4e07\u5186 (unknown)\nAvell Data's number of employees: 199 \u540d (unknown)","jir_category":"","jir_hashtags":"#\u30a2\u30d0\u30fc\u30eb\u30c7\u30fc\u30bf, #\u682a\u5f0f\u4ea4\u63db, #\u7d44\u7e54\u518d\u7de8","jir_key_figures":"\u672c\u682a\u5f0f\u4ea4\u63db\u5bfe\u4fa1: 690 \u5186\/\u682a\n\u4e0a\u5834\u5ec3\u6b62\u65e5: 2026\u5e7410\u67081\u65e5\uff08\u6700\u7d42\u58f2\u8cb7\u65e5 2026\u5e749\u670830\u65e5\uff09\n\u30a2\u30d0\u30fc\u30eb\u30c7\u30fc\u30bf\u8cc7\u672c\u91d1: 2,354 \u767e\u4e07\u5186","jir_meta_title":"\u3010Avell Data\u3011Conclusion of Share Exchange Agreement and Delisting | Effective on December 3, 2026","jir_meta_description":"Avell Data and TechnomathmSys have decided on a share exchange. Consideration is 690 yen per share in cash, with delisting date and fairness measures outlined, along with impacts and schedule.","jir_og_title":"Avell Data and TechnomathmSys to Undertake a Stock Swap","jir_og_description":"The share exchange makes Avell Data the wholly parent company and TechnomathmSys the wholly owned subsidiary. Cash consideration of 690 yen per share, delisting date information, and future impact explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":61305,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-113152","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n