Source disclosure: February 27, 2026, 15:30 JST
GLTECHNO HOLDINGS,INC. [255A.T]
TOKYO, Feb 27 (Pulse News Wire) – Gltechno Holdings,inc. (255A.T) announced plans to sell up to ¥38 million ordinary shares through an underwriting process led by Nomura UFJ Bank and others.
The sale price will be determined based on the closing price of the company's stock on either March 9 or March 12, multiplied by a factor of 0.90 to 1.00. Additionally, the company decided to repurchase up to 380,000 shares and ¥1 billion worth of its own shares starting from the day after the share sale settlement date to mitigate market impact.
To further support liquidity and enhance investor recognition, the company also agreed to lock up its shares for 180 days post-settlement, barring certain exceptions such as employee stock grants subject to vesting conditions. The share sale aims to strengthen corporate governance and facilitate long-term strategic partnerships.
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