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GMO Internet Sets Terms for ¥21.3bn Share Issue and Large Secondary Offering

Story Highlights
  • GMO Internet fixed the new share issue price at ¥710, raising ¥21.3 billion to bolster its capital base.
  • The company also launched a large secondary and over-allotment offering at ¥710, boosting liquidity but diluting holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GMO Internet Sets Terms for ¥21.3bn Share Issue and Large Secondary Offering

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GMO AD Partners Inc. ( (JP:4784) ) has shared an announcement.

GMO Internet, Inc. has set the issue price for a new public share offering at JPY 710 per share, raising JPY 21.3 billion in gross proceeds, with JPY 20.38 billion in paid-in capital to be split evenly between capital and capital reserves. The payment date is scheduled for April 27, 2026, enabling the company to significantly strengthen its equity base ahead of planned strategic initiatives.

In parallel, the company has priced a secondary offering, including an over-allotment option, also at JPY 710 per share, with the main secondary sale totaling JPY 43.67 billion and an additional JPY 9.74 billion from over-allotment shares. The transaction, underwritten at a discount to the offering price and settling on April 28, 2026, is expected to enhance market liquidity in GMO Internet’s stock and broaden its shareholder base, while existing shareholders face typical dilution from the new issuance.

More about GMO AD Partners Inc.

GMO Internet, Inc. is a Japan-based technology group listed on the TSE Prime Market that operates a broad internet services portfolio. Its businesses span infrastructure, online advertising, media, and financial-related internet services, positioning the company as a key player in Japan’s digital economy.

Average Trading Volume: 675,823

Technical Sentiment Signal: Hold

Current Market Cap: Yen199.8B

Learn more about 4784 stock on TipRanks’ Stock Analysis page.

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