Colowide Co., Ltd. (JP:7616) has released an update.
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COLOWIDE Co., Ltd. announced a new share issuance and secondary offering to fund growth initiatives and potential mergers and acquisitions, aiming to boost corporate value and financial capacity for future deals. The capital raised will be allocated as standby funds for M&A activities, enhancing the company’s equity for increased borrowing potential. The public offering in Japan will determine share prices based on market demand within a set timeframe in late August to early September 2024.
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