SBI Holdings completes acquisition of Solaris SE shares

SBI Holdings (TSE: 8473) announced the completion of its acquisition of shares in Solaris SE through its consolidated subsidiary, SBI Ventures Two Co., Ltd. The acquisition, initially announced on January 28, 2025, was finalized following regulatory approvals from the European Central Bank and other relevant authorities. SBI Ventures Two now holds 9,807,755 shares in Solaris SE, representing an 88.88% voting rights ratio. This includes 192,536 shares acquired from existing shareholders at a cost of €19,253.60 and 9,589,042 shares through a third party allotment at a cost of €70,000,006.60. A further underwriting of new shares is subject to shareholder approval on March 14, 2025. SBI Holdings anticipates the consolidation of Solaris SE will have a minor impact on its consolidated business performance for the fiscal year ending March 31, 2025.