SpiderPlus alliance with InforMart starts with founder selldown and control shift
The move: SpiderPlus will pair SPIDER+ with InforMart's BtoB Platform TRADE after founder Kenji Ito agreed to sell 1.8 million shares to InforMart for ¥523.8 million. The catch: Ito stays the largest shareholder but would lose controlling-shareholder status, and InforMart gains options that could lift its stake later. Separately, SpiderPlus said it will suspend operations at its Vietnam subsidiary, with only a minor earnings impact expected.