Technopro Holdings to delist and go private after tender offer
Technopro Holdings Inc. will delist from the TSE Prime Market through a share consolidation, merging 25,000,000 shares into one. This follows a tender offer by BXJE II Holding KK, which now holds 83,300,919 shares (79.95%) as of October 1, 2025. The share consolidation, effective December 11, 2025, aims to privatize the company, with shares expected to be delisted on December 9, 2025. Minority shareholders will receive JPY 4,870 per share for fractional shares, matching the Tender Offer Price.
Concurrently, Technopro Holdings resolved to retire 309,817 shares of treasury stock, all treasury stock as of October 16, 2025, effective December 10, 2025, pending approval of the share consolidation. The company will also amend its Articles of Incorporation, reducing the total authorized shares to 16 and removing provisions for share units. Additionally, the company plans to amend the terms of its 2nd Series Unsecured Straight Bonds to December 30, 2025, and revise the redemption amount to JPY 100.164286 per JPY 100 of face value. A bondholders' meeting is scheduled for November 20, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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