Time & Space Co., Ltd. completed the acquisition of an additional 0.5% stake in OPT Holding, Inc. from Evo Fund of Evolution Capital Management, LLC.
February 13, 2017
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Time & Space Co., Ltd. made a tender offer to acquire an additional 0.5% stake in OPT Holding, Inc. (TSE:2389) from Evo Fund of Evolution Capital Management, LLC on February 13, 2017. Time & Space will acquire an additional 0.13 million shares. On completion, Time & Space will own 0.39 million shares. The deal is expected to close on February 14, 2017.
Time & Space Co., Ltd. completed the acquisition of an additional 0.5% stake in OPT Holding, Inc. (TSE:2389) from Evo Fund of Evolution Capital Management, LLC on February 14, 2017.
Digital Holdings Inc, formerly OPT Holding Inc is a Japan-based company principally engaged in the Internet advertising business. The Company operates in two business segments. The Marketing segment provides Internet advertising for large companies, digital marketing, related services, and digital marketing solutions for local small and medium enterprises. The Synergy Investment segment is involved in the investment in Internet-related venture companies, the information collecting in the United States, the development of artificial intelligence (AI) and AI platforms, the provision of digital shift support education services for companies, and the general trade operated in China.