Home Business & Finance Sharp Corporation: Notice regarding the issuance of new shares through third-party allotments, and change of parent company,the largest shareholder who is a major shareholder, and major shareholders
Sharp Corporation: Notice regarding the issuance of new shares through third-party allotments, and change of parent company,the largest shareholder who is a major shareholder, and major shareholders

Sharp Corporation: Notice regarding the issuance of new shares through third-party allotments, and change of parent company,the largest shareholder who is a major shareholder, and major shareholders

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 In order to increase the certainty of the execution of the Capital Increase Through Third-Party Allotment, the Planned Allottees plan to agree in the share subscription agreement to conclude that the Planned Allottees shall provide a deposit of 100 billion yen, and if the Planned Allottees fail to perform their obligation to pay the subscription amount, or in other similar cases, Sharp may confiscate the deposit as liquidated damages. However, if the deposit is not confiscated as liquidated damages, then the deposit may be appropriated to the capital increase payment for the Capital Increase Through Third-Party Allotment.More InformationNotice regarding the issuance of new shares

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Anand Gupta Editor - EQ Int'l Media Network

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