HOTLAND HOLDINGS Co.,Ltd. [3196.T]
TOKYO, Apr 09 (Pulse News Wire) – Hotland Holdings CO.,LTD. (3196.T) resolved to issue new shares and sell existing ones to raise capital for its expansion plans.
The company's board approved the move on April 09, 2026. The public offering involves issuing ordinary shares totaling [NUM_8] and will determine the subscription price between April 20, 2026, and April 23, 2026. Subscription payments will be made between April 24, 2026, and April 30, 2026.
Additionally, up to [NUM_11] shares may be sold through an over-allotment option, contingent upon demand conditions. Furthermore, the company will conduct a private placement of [NUM_12] shares to SMBC Nikko Securities Inc. on either May 22, 2026, or May 25, 2026, subject to subscription deadlines.
The raised funds, estimated at [NUM_3] million yen, will be allocated towards expanding and renovating stores under brands such as Silver Donut Bar, Oden House Takeki, Tokyo Oil Group, and Yoshipei Thick Cut Pork Cutlet until December 2028.
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