CORE Inc. extends tender offer for Pacific Industrial shares

CORE Inc. has announced an extension of the tender offer period for share certificates of Pacific Industrial Co., Ltd. from July 28, 2025, to October 8, 2025, totaling 50 business days. This decision, made on September 24, 2025, aims to provide shareholders further opportunities to consider tendering their shares and increase the likelihood of the tender offer's successful completion.

Originally, the tender offer period was set to conclude on September 24, 2025, spanning 40 business days. This extension also shifts the settlement commencement date from October 1, 2025, to October 16, 2025. CORE Inc. confirmed that the purchase price per target share remains unchanged.

The extension follows careful consideration of the application status from Pacific Industrial's shareholders since the tender offer's commencement on July 28, 2025. The tender offeror has ensured a comparatively long tender offer period (50 business days versus the statutory minimum of 20 business days) to guarantee fairness and allow for potential competing acquisition offers.