Scheduled Commencement of Tender Offer by a Subsidiary (LY Corporation, Securities Code: 4689) for Shares of BEENOS Inc. (Securities Code: 3328)
SoftBank Group Corp. announced today that its subsidiary, LY Corporation (Securities code: 4689, Prime Market of the Tokyo Stock Exchange, “LY”), has resolved at its Board of Directors meeting held on December 19, 2024 to acquire the common shares and stock acquisition rights of BEENOS Inc. (Securities code: 3328, Prime Market of the Tokyo Stock Exchange) through a tender offer under the Financial Instruments and Exchange Act (Act No. 25 of 1948; as amended) and relevant laws and regulations, as detailed in the Attachment.
Outline of LY
| Address | 1-3 Kioicho, Chiyoda-ku, Tokyo |
|---|---|
| Name and title of the representative | Takeshi Idezawa, President and Representative Director, CEO |
| Main Business | Development of online advertising business, ecommerce business, members services business, and other businesses, and managing of group companies and other operations |
| Share capital | JPY 248,773 million (as of September 30, 2024) |
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