Papanets completes off-exchange secondary offering, enhancing share distribution

Papanets Inc. confirmed on October 22, 2025, the completion of its off-exchange secondary offering of shares, initially announced on October 21, 2025. The company sold 60,000 shares at a price of 1,940 yen per share.

The offering allowed individual investors to purchase a maximum of 2,000 shares per customer, with trading units set at 100 shares. The transaction was executed through the Fukuoka Stock Exchange.

The primary objective of this secondary offering was to improve the distribution of Papanets' shares and enhance market liquidity. This strategic move is anticipated to benefit the company by broadening its shareholder base and facilitating more efficient trading of its stock.