Rigaku Holdings Corporation [268A.T]
TOKYO, May 22 (Pulse News Wire) – Rigaku Holdings Corporation (268A.T) announced plans to sell ordinary shares through an offering scheduled to take place between May 22, 2026 and April 21, 2026. The sale involves a total of 29,580,300 shares, split between domestic and overseas offerings.
The selling price will be determined based on the closing price of the company's stock on the Tokyo Stock Exchange during the period from June 1 to June 3, multiplied by a factor of 0.90 to 1.00. Additionally, the company noted that changes in major shareholders are expected due to the share transfer agreement with Onto Innovation Inc., which was disclosed on April 21. Following regulatory approvals, these changes are anticipated to occur in the latter half of 2026. As a result, Onto Innovation Inc. could become a significant shareholder while Atom Investment, L.P.
Might lose its status as a leading shareholder. The primary goal of the share issuance is to enhance liquidity, diversify investor base, and strengthen the company’s presence in capital markets. The offering includes provisions for over-allotment options and lock-up agreements to ensure stability post-offering. Lock-up agreements restrict key stakeholders, including Atom Investment, L.P. and individual shareholder Shimura Aki, from selling their shares without prior consent from joint global coordinators for up to 90 days and 180 days respectively, starting from the pricing determination date until the delivery date plus 90 days and 180 days.
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