TOKYO, Mar 17 (Pulse News Wire) – Daido Metal CO.,LTD. (7245.T) announced the sale price and related details for its ordinary share issuance decided upon during the board meeting held on March 10, 2026.
The shares will be sold at ¥1,000 per share, totaling ¥5.022 billion. The acceptance period for subscriptions runs from March 17, 2026 through March 18, 2026, with delivery scheduled for March 19, 2026. Additionally, there will be an oversubscription allocation sale involving 814,300 shares at ¥925 per share, also with the same subscription period and delivery date.
Furthermore, the greenshoe option exercise period will run from March 25, 2026, to April 17, 2026. Investors are advised to review the prospectus and any amendments prepared by the company before making investment decisions. This press release does not constitute an offer to sell securities in the United States or elsewhere, nor does it aim to solicit investments.
Shares of Daido Metal have not been and will not be registered under the Securities Act of 1933, as amended, and cannot be offered or sold in the United States without registration or pursuant to an exemption from such registration requirements.
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