TOKYO, Mar 09 (Pulse News Wire) – SIIX Corporation (7613.T) announced plans to sell 4,392,000 ordinary shares through an underwriting agreement after a March 9 board resolution. Financial institutions, including Resona Bank, Mizuho Bank, and Mitsubishi UFJ Financial Group, will offer their holdings totaling 4,392,000 shares.
The sale price will be determined based on the closing price of SIIX's stock on the Tokyo Stock Exchange on either March 16, 17, or 18, multiplied by 0.90 to 1.00, rounded down to the nearest whole number. The final allocation period runs from the day after the pricing determination until two trading days later, with delivery scheduled five trading days afterward.
In addition, up to 658,800 additional shares could be sold via an over-allotment option, subject to demand conditions. Nomura Securities will manage both offerings, potentially exercising green shoe options or conducting syndicate cover transactions until April 17, 2026, to stabilize the share price post-offering.
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