Nippn Corporation Announces Secondary Offering of 4.9 Million Shares by Major Shareholders
Nippn Corporation has announced a secondary offering of 4.9 million shares of its common stock, sold by major shareholders including Yakult Honsha and Mitsui Sumitomo Insurance. The final selling price will be based on the closing price on the Tokyo Stock Exchange, with a potential over-allotment of 735,400 shares. Proceeds will go to the selling shareholders, with underwriters purchasing the full allotment.
Nippn Corporation has announced a secondary offering of 4,903,200 shares of its common stock through a purchase and subscription by underwriters. The shares are being sold by several major shareholders, including Yakult Honsha Co., Ltd., Mitsui Sumitomo Insurance Company, Limited, Sumitomo Mitsui Banking Corporation, The Norinchukin Bank, and Sumitomo Mitsui Trust Bank, Limited. The final selling price will be determined based on the closing price of Nippn Corporation’s shares on the Tokyo Stock Exchange, multiplied by a factor between 0.90 and 1.00, on a designated pricing date. In addition, up to 735,400 shares may be offered through an over-allotment option. The proceeds from the sale will go to the selling shareholders, with the underwriters purchasing the full allotment of shares. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nippn Corporation published the original content used to generate this news brief on October 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
