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Siix Corporation ( (JP:7613) ) has provided an announcement.
SIIX Corporation has approved a secondary offering of 4,392,000 shares of its common stock, to be sold by three major Japanese banks, with the final selling price to be set between 90% and 100% of the prevailing market price around mid-March 2026. The transaction, executed through underwriters, does not raise new capital for SIIX but is expected to enhance share liquidity and broaden the investor base while enabling the selling banks to partially unwind their holdings.
In conjunction with this, SIIX will also support an over-allotment option for up to an additional 658,800 shares, to be sold by the lead manager through borrowed shares, with a greenshoe option available to stabilize post-offering trading. The flexible size of the over-allotment portion, which may be reduced or cancelled depending on demand, is designed to support orderly price formation and mitigate volatility as the market absorbs the increased free float.
The most recent analyst rating on (JP:7613) stock is a Buy with a Yen1532.00 price target. To see the full list of analyst forecasts on Siix Corporation stock, see the JP:7613 Stock Forecast page.
More about Siix Corporation
SIIX Corporation is a Japan-based company listed on the Tokyo Stock Exchange Prime Market, specializing in electronics-related trading and manufacturing services. The company acts as a global electronics manufacturing services and components supplier, serving industrial clients that rely on flexible capital markets access and relationships with major financial institutions.
Average Trading Volume: 193,726
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen61.96B
Learn more about 7613 stock on TipRanks’ Stock Analysis page.