TOKYO, May 29 (Pulse News Wire) – Unbanked Inc. (8746.T) announced today that Akatsuki Capital Works Co., Ltd., a shareholder, has withdrawn its request for a special shareholders' meeting scheduled for June 5, 2026.
The proposal sought the removal of five directors and the appointment of five new ones, including audit committee members. According to Akatsuki's notification, the withdrawal was based on the understanding that recent changes to the board candidates proposed by the company would lead to the restructuring of management as previously desired. Additionally, improvements in internal control systems and governance are expected, contributing to the stabilization of the company’s operational foundation and healthy enterprise management.
As such, Akatsuki concluded that the objectives of the initial proposal had largely been achieved. As a result, while the special shareholders’ meeting remains scheduled for June 5, 2026, four of the seven proposals originally set for discussion—pertaining to the dismissal of two non-audit committee directors and three audit committee directors, along with the appointment of two non-audit committee directors and three audit committee directors—will be withdrawn. Only two company-proposed items will now be addressed: the selection of seven non-audit committee directors and the appointment of three audit committee directors.
Regarding the shareholder proposal submitted for the annual general meeting mentioned in the April 20, 2026, notice, there has been no withdrawal as of yet.
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