Papanets to offer shares in off-auction secondary distribution

Papanets announced on October 21, 2025, a plan to conduct an off-auction secondary distribution of shares. The company intends to distribute 60,000 shares on October 22, 2025, at 1,940 yen per share. The distribution aims to improve the company's share distribution status and enhance market liquidity.

Individual investors will be limited to purchasing a maximum of 2,000 shares per customer, with the trading unit set at 100 shares. The transaction will be facilitated through the Fukuoka Stock Exchange.

The distribution price of 1,940 yen represents a 3.00% discount from the closing price of 2,000 yen recorded on the reference date of October 21, 2025. This strategic move is expected to broaden Papanets' shareholder base and support more active trading of its stock.