Social Wire---Significantly higher, formed a capital and business alliance with Genie, raised 1.29 billion yen was used for digital PR business, etc.

Fisco Japan · Apr 25 20:46

Significantly higher. It has been announced that a capital and business alliance agreement will be concluded with Genie ＜6562＞. 5.736,200 Social Wire shares will be allocated to Genie through a third-party allotment of shares. After the transfer, Genie's voting rights ownership ratio was 49.0%, making it the largest shareholder. Approximately 1.29 billion yen of funds raised will be used for new function development investments and M&A expenses for the digital PR business. The business base of both companies will be expanded by preferentially introducing and arranging mutual provision services in sales activities, and striving to promote cross-selling to existing customers, etc.

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ソシャルワイヤ---大幅高、ジーニーと資本業務提携、調達資金12.9億円はデジタルPR事業などに充当

Social Wire---Significantly higher, formed a capital and business alliance with Genie, raised 1.29 billion yen was used for digital PR business, etc.

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