FilingReader Intelligence

BASE tender offer falls short of target

August 15, 2025 at 10:50 AM UTCBy FilingReader AI

Hirofumi Maki's tender offer for BASE Corporation concluded on August 14, acquiring only 7.6 million shares against a maximum target of 17.6 million shares at 407 yen per share.

The result gives Maki a 21.04% ownership stake, exceeding 20% contrary to the BASE board's previous expectations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:4477Tokyo Stock Exchange

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