LY Corporation successfully completes tender offer for BEENOS Inc.

LY Corporation (TSE:4689) announced the successful completion of its tender offer for the shares of BEENOS Inc. (TSE:3328) on May 7, 2025. The tender offer, initiated on March 24, 2025, aimed to acquire both common shares and share options of BEENOS Inc. In its meeting on March 21st, the LY Corporation Board of Directors resolved to acquire all outstanding shares of the Target Company. Based on the tender, LY Corporation will acquire 10,918,182 shares as well as 417,540 stock options of BEENOS Inc.