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Asteria Corporation Disposes Treasury Shares to Acquire MikoSea

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Asteria Corporation Disposes Treasury Shares to Acquire MikoSea

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Asteria Corporation ( (JP:3853) ) has provided an announcement.

Asteria Corporation announced the disposal of 170,500 treasury shares through a third-party allotment as part of its acquisition of MikoSea Inc. This strategic move is intended to integrate MikoSea’s no-code app development tool ‘Click’ into Asteria’s offerings, enhancing its market position in mobile app development. The disposal allows MikoSea’s key stakeholders to become shareholders in Asteria, fostering a stronger alignment and involvement in the company’s future growth.

The most recent analyst rating on (JP:3853) stock is a Hold with a Yen1512.00 price target. To see the full list of analyst forecasts on Asteria Corporation stock, see the JP:3853 Stock Forecast page.

More about Asteria Corporation

Asteria Corporation operates in the software industry, focusing on mobile app development tools. The company offers products like the mobile app builder ‘Platio’ and has co-developed ‘Platio Canvas’ with MikoSea, a provider of the no-code app development tool ‘Click’. Asteria aims to become a leading software manufacturer in no-code native app and web app development.

Average Trading Volume: 4,864,783

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen24.08B

Learn more about 3853 stock on TipRanks’ Stock Analysis page.

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