Source disclosure: February 10, 2026
NICHIDEN Corporation [9902.T]
TOKYO, Feb 10 (Pulse News Wire) – NICHIDEN Corporation (9902.T) decided to sell shares through an underwriting process aimed at enhancing liquidity and diversifying its investor base. At a board meeting held, the company resolved to sell up to 1,000,000 ordinary shares to existing shareholders, including Mitsui Sumitomo Bank, Mizuho Bank, Resona Bank, and Mitsubishi UFJ Financial Group.
The selling price will be determined based on the closing price of NICHIDEN's stock on the Tokyo Stock Exchange on either February 18, 2026, or February 25, 2026, multiplied by a factor of 0.90 to 1.00, rounded down to the nearest whole number. Additionally, NICHIDEN plans to conduct an oversubscription offering of up to 1,000,000 additional shares, contingent upon market demand.
The subscription period for both offerings will run from the day after the pricing determination until two trading days later, with delivery scheduled five trading days thereafter. This move aligns with NICHIDEN’s strategy to deepen understanding among long-term investors while improving share liquidity and expanding its shareholder base.
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