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Mixi ( (JP:2121) ) just unveiled an update.
Mixi, Inc. has announced a secondary offering of its shares, with Kenji Kasahara, a principal shareholder, selling 4,000,000 common shares to Mercury Leaf K.K. and Mercury Sprout K.K. This transaction, constituting over 5% of voting rights, is classified as an act equivalent to a tender offer under Japanese financial regulations. The sale, priced at 3,220 yen per share, totals 12,880,000,000 yen and is part of a strategic move to transfer shares in compliance with legal procedures.
More about Mixi
Average Trading Volume: 239,432
Technical Sentiment Signal: Buy
Current Market Cap: Yen210.3B
For an in-depth examination of 2121 stock, go to TipRanks’ Stock Analysis page.