FilingReader Intelligence

Solsticia's tender offer for Star Micronics succeeds, paving way for delisting

December 26, 2025 at 12:06 PM UTCBy FilingReader AI

Star Micronics Co., Ltd. announced today that Solsticia Corporation's tender offer for its common shares and share options, launched on November 13, 2025, concluded on December 25, 2025. The offer was successful, with 24,789,003 shares tendered, exceeding the minimum purchase target of 14,800,700 shares. Solsticia Corporation will acquire all tendered shares and share options.

As a result of the tender offer settlement on January 6, 2026, Solsticia Corporation will become Star Micronics' new largest and major shareholder, holding a voting rights percentage exceeding 20%. Solsticia’s post-tender offer voting rights will be 51.12%, while Taiyo Unleash Acrux Holdings, LP’s will be 86.81% (including consolidated shares). Taiyo Unleash Acrux Holdings, LP, previously the largest shareholder, will no longer hold that position.

Star Micronics anticipates a delisting from the Tokyo Stock Exchange Prime Market following these procedures, as Solsticia aims to acquire all of the company's shares and take it private. Further details regarding the delisting and subsequent procedures will be announced in due course.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:7718Tokyo Stock Exchange

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