Cyberstep announces capital increase, shareholder shifts, and business expansion

Cyberstep announced a third-party allotment of 40,000,000 new shares and 213,600 units of 42nd series share options, aiming to raise a total of 5,000,000,000 yen from the new shares and 121,538,400 yen from the share options. This capital infusion is crucial for strengthening the company's financial foundation, funding M&A activities, new business development, and covering operating expenses, with a significant portion allocated to debt-to-equity swaps for existing loans totaling 5,000,000,000 yen from seven lenders. The company has experienced consecutive operating losses, necessitating this substantial capital increase.

The allotment will result in a 245.31% dilution of voting rights, triggering changes in major shareholders. QL Limited Liability Partnership will become the largest shareholder with 15.51% of voting rights, while Godo Kaisha CD One's stake will decrease to 4.91%. Concurrently, Cyberstep is amending its Articles of Incorporation to expand its business objectives, adding new ventures in nursing care, telemarketing, blockchain services, and merchandising.

Additionally, Cyberstep is introducing a performance-linked stock compensation plan for directors and issuing tax-qualified stock options (43rd series) to directors and employees. These measures are designed to enhance corporate value, improve financial health, and secure talent, while the company evaluates the impact of recent business acquisitions on its consolidated performance.