Agile Media Network Inc. cancelled the acquisition of NELP Co., Ltd. from Makoto Inaba, Yoichi Masukura, Masatoshi Awashima, Go Hasegawa and Daiki Goto.
February 19, 2024
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Agile Media Network Inc. (TSE:6573) enter into basic agreement to acquire NELP Co., Ltd. from Makoto Inaba, Yoichi Masukura, Masatoshi Awashima, Go Hasegawa and Daiki Goto for ¥100 million on December 15, 2023. In this transaction, Makoto Inaba will sell 67% stake, Yoichi Masukura will sell 18% stake, Daiki Goto will sell 5% stake and Go Hasegawa will sell 5% stake in NELP. Board of Directors resolution date for the stock exchange agreement is scheduled on February 2024. Share exchange agreement approval resolution date at general meeting of shareholders has scheduled in Late March 2024. The stock transfer contract conclusion date is schedule on February 2024. NELP has reported sales of ¥65.274 milion, total assets of ¥48.32 million, EBIT of ¥23.268 million, net income of ¥15.622 million and net assets of ¥18.622 million for Fiscal year end December 2022. The transaction is expected to close on April 1, 2024.
Agile Media Network Inc. (TSE:6573) cancelled the acquisition of NELP Co., Ltd. from Makoto Inaba, Yoichi Masukura, Masatoshi Awashima, Go Hasegawa and Daiki Goto on February 20, 2024.
Agile Media Network Inc. is a Japanese company engaged in the provision of Ambassador Program which can discover, activates and analyze fans through social media and experiences. The Company is engaged in advertisement distribution agency business and information provision business using the Internet, Internet related system development business, seminar and event business, as well as publishing business. The services offered by the Company include Ambassador Program related services, influencer policy related services, and other services including Instagram photograph submission campaign and Instagram account analysis report services.
Agile Media Network Inc. cancelled the acquisition of NELP Co., Ltd. from Makoto Inaba, Yoichi Masukura, Masatoshi Awashima, Go Hasegawa and Daiki Goto.