TOKYO, Mar 25 (Pulse News Wire) – 520a.t (520A.T) announced significant changes in its major shareholders due to the issuance of shares upon its listing on the Tokyo Stock Exchange's Growth Market and subsequent oversubscription allotment sales. As a result, Eight Roads Ventures Japan II L.P.

Ceased being considered a major shareholder. Prior to the changes, Eight Roads Ventures Japan II L.P. held 19,400 voting rights, ranking second among major shareholders with a stake of (1,940,000). Post-change, their holdings decreased to 16,160 voting rights, still ranking second but now representing (1,616,000) of total voting rights as of March 25, 2026.

Key details of the affected shareholder include: Name: Eight Roads Ventures Japan II L.P. Notably, there are no anticipated significant impacts on the company’s management structure or performance due to this change. However, should the returned shares make Eight Roads Ventures Japan II L.P. a major shareholder again, further updates will be disclosed.

520a.t's outstanding share count stood at 14,589,610 as of February 19, 2026, and increased to 17,829,610 as of March 25, 2026.

Original Disclosure (PDF)

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