Solvy <7320> announced on the 1st that the complete subsidiary of Media Sea through stock exchange has been completed regarding the signing of the stock exchange contract and management integration contract dated August 9, 2024. Additionally, on the 1st, Japan Living Guarantee changed its name to Solvvy.
The stock exchange agreement was approved at the company's regular shareholders' meetings held on September 25, 2024, and the Media Sea's regular shareholders' meeting on September 26, 2024. Starting from October 3, 2024, the Media Sea made a stock exchange announcement electronically from September 27, 2024, but there were no objections to this stock exchange.
The number of newly issued shares and the capital injection amount through this stock exchange are 880,327 shares (capital injection amount: 0 yen). The number of issued shares and capital amount after this stock exchange are 5,998,627 shares (capital amount: 0.2 billion 12.33 million 6,400 yen).
