FilingReader Intelligence
Star Micronics forges capital alliance, names new top shareholder
April 7, 2025 at 12:01 PM UTC•By FilingReader AI
Star Micronics (TSE:7718) announced a strategic capital and business alliance with Taiyo Pacific Partners (TPP) and its affiliate Taiyo Unleash Acrux Holdings, LP. The partnership involves a third-party allotment of 16,108,300 new shares to Taiyo Unleash Acrux Holdings at a price of JPY 1,552 per share, raising JPY 25,000,081,600. As a result of this allotment, Taiyo Unleash Acrux Holdings will become Star Micronics' largest shareholder, holding 36.14% of voting rights.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
TSE:7718•Tokyo Stock Exchange
News Alerts
Get instant email alerts when Star Micronics publishes news
Free account required • Unsubscribe anytime