Good Com Asset completes Livenup Group acquisition and share disposal

Good Com Asset (TSE:3475) announced the completion of its acquisition of Livenup Group (LUG) as a subsidiary, effective June 5, 2025. This follows the initial announcement on May 28, 2025. The acquisition involved the purchase of 293,076 shares of LUG, representing 80% ownership, for a total cost of JPY 1,790 million, including advisory fees. Concurrently, the company completed the disposal of 581,959 treasury shares at JPY 1,031 per share, raising JPY 599,999,729 through a third-party allotment to Grit Partners Inc. Livenup Group's primary activities include the management of group companies, business succession, and real estate investment. The impact of the LUG acquisition on Good Com Asset's future performance is currently under review, with further announcements to follow.