CORE Inc. extends tender offer for Pacific Industrial shares

CORE Inc. has announced an extension to its tender offer for shares of Pacific Industrial Co., Ltd. The offer, which began on July 28, 2025, and was originally set to end on September 8, 2025, has been extended to September 24, 2025. This results in a total purchase period of 40 business days, aiming to enhance the likelihood of a successful acquisition by allowing Pacific Industrial's shareholders additional opportunity to tender their shares.

The settlement commencement date for the tender offer has also been adjusted from September 16, 2025, to October 1, 2025. This change directly impacts the subsequent squeeze-out procedures, which are now scheduled for early December 2025 to late January 2026, revised from the original mid-October to late November 2025 timeframe.

The tender offer price remains unchanged at JPY 2,050 per share and JPY 1 per share acquisition right. This extension reflects CORE Inc.'s commitment to ensuring all shareholders have ample opportunity to participate in the transaction.