Carta Holdings plans share consolidation, delisting from Tokyo Stock Exchange

Carta Holdings Inc. announced its intention to consolidate its shares, abolish share units, and amend its articles of incorporation, with an extraordinary general meeting of shareholders scheduled for November 14, 2025. This action follows a tender offer by NTT DOCOMO, Inc., which, as of September 24, 2025, held 9,575,416 shares of Carta Holdings, representing 37.75% of outstanding shares. The share consolidation ratio is 2,240,251 shares to one.

The company plans to cancel 611 treasury shares, representing all shares held as of October 14, 2025, reducing the total outstanding shares to 25,300,360 before the share consolidation. This cancellation is conditional on the approval of the share consolidation and related amendments at the November 14 meeting. Following the share consolidation, the total number of issued shares is projected to be 11 shares, and the authorized shares will be 44.

The share consolidation is set to take effect on December 10, 2025. This process will result in Carta Holdings shares being designated for delisting from November 14, 2025, to December 7, 2025, with final delisting on December 8, 2025. Shareholders holding fractional shares will receive cash proceeds from the sale of these shares, calculated at 2,100 yen per share.