Marvelous Enters Share Forwarding Agreement With SBIVest Securities Amid Major Shareholder Sale

TOKYO, Jul 31 (Pulse News Wire) – Marvelous Inc. (7844.T) announced today that it has entered into a share forwarding agreement with SBIVest Securities (SBISecurities).

The agreement aims to manage the sale of shares held by Image Frame Investment (HK) Limited while maintaining stock supply balance and shareholder interests. Under the agreement, SBISecurities will purchase up to 4,736,300 shares of Marvelous Inc. from Image Frame Investment during the period from July 31, 2026 to August 03, 2026. SBISecurities will hold these shares until March 31, 2026, mitigating potential disruptions to the stock's price stability. The initial forward price is set based on the closing price of Marvelous Inc.'s common stock on July 31, 2026.

This arrangement allows Marvelous Inc. to maintain financial flexibility and ensure fair pricing for shareholders. Should SBISecurities choose to sell the shares early, they will follow either a sales-based or market-price settlement method, ensuring transparency and fairness throughout the process. Additionally, Marvelous Inc. plans to combine this strategy with its own share repurchase program to further stabilize the stock market dynamics and enhance capital efficiency.

The company believes this approach balances immediate liquidity needs with long-term strategic goals.