SBI Holdings to acquire significant stake in AI solutions provider Ridge-i

SBI Holdings, Inc. announced its intention to acquire 584,000 common shares of Ridge-i Inc. on September 30, 2025. This acquisition will result in SBI Holdings owning 14.97% of Ridge-i’s total voting rights, based on 39,021 shareholder voting rights as of July 31, 2025. This stake exceeds the 5% threshold, classifying the transaction as a "share accumulation act" under the Financial Instruments and Exchange Act.

The planned acquisition is part of a broader capital and business alliance between SBI Holdings and Ridge-i. Following a planned third-party allocation of shares on September 30, 2025, Ridge-i's total voting rights will increase by 3,900. Consequently, SBI Holdings’ ownership ratio is projected to be 22.69% after this adjustment, making Ridge-i an equity-method affiliate.

The share acquisition is based on a stock purchase agreement executed between the two companies on September 12, 2025. Further details regarding the capital and business alliance and the third-party allotment were previously announced on September 12, 2025.