Jaccs sets payment date for MUFG Bank share allotment after approvals
Jaccs Co., Ltd. announced that all necessary regulatory approvals from overseas competition authorities have been secured, clearing the path for its third-party allotment of new shares. This follows the previously disclosed capital and business alliance agreement with MUFG Bank, a consolidated subsidiary of Mitsubishi UFJ Financial Group, Inc., initially announced on March 14, 2025.
The completion of these approvals satisfies all prerequisite conditions stipulated in the Capital and Business Alliance Agreement. Consequently, Jaccs and MUFG Bank have mutually agreed to set September 12, 2025, as the payment date for the third-party allotment. This development finalizes the transaction, which had previously seen an extension of the payment period due to the time required for obtaining the aforementioned regulatory clearances.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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