Orix subsidiary amends tender offer for I-Net shares

OFI-01 Corporation, a subsidiary of Orix Corporation, announced an amendment to its tender offer for I-Net Corporation's common shares. The amendment follows a "Notice Not to Issue a Cease and Desist Order" and a "Notice of Shortening of the Prohibited Period" from the Japan Fair Trade Commission on October 3, 2025. The original tender offer commenced on the same date.

The amendment revises parts of the tender offer registration statement and the public notice of commencement, both submitted on October 3, 2025. The changes primarily relate to the conditions for withdrawal of the tender offer, specifically regarding antitrust regulations. The company clarified that the withdrawal conditions under the "Act on Prohibition of Private Monopolization and Maintenance of Fair Trade" are no longer applicable following the Fair Trade Commission's notices.

Orix emphasized that these corrections do not alter the core purchase conditions or other terms of the tender offer. Further details on the corrections can be found in a separate announcement by OFI-01 Corporation.