SB Technology Corp.
Regarding the partial secondary offering (hereinafter referred to as the "Offering") of the common shares of Cybertrust Japan Co., Ltd. (hereinafter referred to as "CTJ") owned by the Company, the number of shares to be sold through the underwriter's purchase transaction has been determined as follows. I would like to inform you that.
Record
1. Overview of this offering
Number of shares to be sold | Cybertrust Japan Co., Ltd. common stock Public offering by underwriter's purchase and underwriting: 300,000 shares |
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Sale price | 1,660 yen per share |
2. Number of CTJ shares to be sold by the Company, total selling price, number of shares owned before and after this offering, etc.
Number of shares owned and ownership ratio before this offering | 2,632,600 shares (Ownership ratio 71.92%, number of issued shares 3,660,600 shares) |
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Number of shares to be sold | 300,000 shares |
Total selling price | 498 million yen (1,660 yen per share) |
Number of shares owned and ownership ratio after this offering | 2,332,600 shares (Ownership ratio 58.42%, planned number of issued shares 3,993,100 shares) |
*Ownership ratio is the ratio of the number of owned shares to the total number of issued shares (excluding treasury shares).
*The planned number of issued shares includes capital increase through third-party allotment related to the over-allotment offering.
3. Regarding the impact on our business performance
In the consolidated financial results for the first quarter of the fiscal year ending March 2022, the Company expects to receive 458 million yen as proceeds from this offering, which is calculated by multiplying the number of shares to be sold by 300,000 shares by the underwriting price of 1,527.20 yen.
The Company plans to allocate the proceeds from this offering to strategic investments.
In addition, in the Company's consolidated financial statements, since CTJ will continue to be a consolidated subsidiary of the Company even after this offering, the amount equivalent to the gain on sale (the amount after taxes, etc. are deducted from the proceeds) will be recorded as capital surplus in the consolidated financial statements. .
■ Related releases
Cybertrust Japan Co., Ltd.
Regarding determination of conditions for secondary offering of consolidated subsidiary Cybertrust Japan Co., Ltd. in conjunction with listing on Tokyo Stock Exchange
■The PDF of this release can be downloaded from the link below.
Click here for the PDF
Contact information for inquiries from media regarding this matter
○ SB Technology Corp. Corporate Planning Division Corporate Planning Department
Email: sbt-ir@tech.softbank.co.jp