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OPTROM INC to Issue New Shares through Private Placement


Thursday, 31 Jan 2013 03:10am EST 

OPTROM INC announced that it has decided to issue 8,000,000 new shares of its common stock, at the price of JPY 11.1 per share, or for JPY 88,800,000 in total, through a private placement to NETSTADIUM Co., effective February 18, 2013. After this, NETSTADIUM Co. will become the Company's top shareholder with 28.31% voting rights (8,000,000 shares), up from 0. The former top shareholder, a Japan-based company's voting rights in the Company will lower from 14.84% to 10.63% (3,005,000 shares), effective February 18, 2013. 

Company Quote

14.0
-1.0 -6.67%
17 Sep 2014