AI FUSION CAPITAL GROUP CORP. [254A.T]
TOKYO, Apr 28 (Pulse News Wire) – AI Fueu (254A.T) completed its acquisition of Franchisebi shares on April 10, 2026, despite legal challenges. On that day, the company acquired 58.0% of Franchisebi's outstanding shares from CEO Yoshihiro Yamamoto and another individual, making Franchisebi a subsidiary.
However, prior to the transaction, a preliminary injunction was sought against the transferring shareholders, claiming the existence of a shareholder agreement prohibiting the sale. The Tokyo District Court ruled on April 10, 2026, temporarily banning the share transfer based on the alleged agreement. Upon further investigation on April 3, 2026, the transferring shareholders confirmed the invalidity of the claimed agreement.
Consequently, a special meeting of Franchisebi shareholders convened on April 10, 2026, and approved the share transfer legally according to company law and regulations. Following the approval, the transferring shareholders requested the completion of the share transfer on April 1, 2026, which AI Fueu executed based on a pre-existing contract. AI Fueu maintains that the share transfer is valid and has proceeded with the integration of Franchisebi as a subsidiary.
The company will promptly disclose any future developments related to this acquisition.
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