BXJE II Holding completes tender offer for Technopro Holdings shares

BXJE II Holding has successfully completed its tender offer for shares of Technopro Holdings, Inc., which ran from August 7, 2025, to September 24, 2025. The offeror acquired 83,300,919 shares, exceeding the minimum tender target of 69,460,100 shares. This acquisition will result in BXJE II Holding becoming Technopro Holdings' new parent company and largest shareholder, effective October 1, 2025, the settlement commencement date.

Following the settlement, BXJE II Holding will hold 79.95% of Technopro Holdings' voting rights, establishing it as the new parent and largest shareholder. Indirectly, BXJE I Holding, BXJE Holdings (CYM) L.P., and BXJE Holdings Manager L.L.C. will also become parent companies. The offeror aims to make Technopro Holdings a wholly-owned subsidiary, which would lead to the delisting of Technopro Holdings shares from the Prime Market of the Tokyo Stock Exchange.

The tender offer price was set at JPY 4,870 per common share and per share represented by American Depositary Receipts. The offeror plans to acquire the remaining shares through subsequent organizational restructuring procedures, with details to be announced later.