Cimedical shareholders approve delisting for privatization plan

Cimedical announced today that shareholders have approved a share consolidation, the abolition of the number of shares per unit, and a partial amendment to its articles of incorporation. This decision, approved at an extraordinary general meeting, is a key step in the company's privatization plan, which will see its common shares delisted from the Tokyo Stock Exchange by December 15, 2025.

The share consolidation involves combining 4,999,906 existing shares into one new share. This will reduce the total number of outstanding shares from 49,999,059 to 10 shares after the consolidation takes effect on December 17, 2025.

Shareholders holding less than one full share after the consolidation will receive cash for their fractional shares. Air Water Inc. is expected to acquire these shares for JPY 1,500 per share, matching the tender offer conducted between August 8 and October 6, 2025. Trading of Cimedical shares is expected to cease on December 12, 2025.