TOKYO, Mar 17 (Pulse News Wire) – Advance Create CO.,LTD. (8798.T) resolved during its board meeting held, to cancel all held A-type shares based on Article 178 of the Companies Act.
The cancellation follows a previous transaction where the company received ordinary share conversion rights from SBI Holdings Co., Ltd. on October 1, 2025.
As part of this exchange, Advance Create acquired a portion of the A-type shares totaling 1,000,000 shares previously allotted to SBI Holdings through a private placement on September 5, 2025. The resolution pertains specifically to the cancellation of all A-type shares held by the company, amounting to 1,000,000 shares.
The cancellation is scheduled to take place on April 30, 2026.
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