Latest Tokyo Brief coverage on BuySell Technologies Co.,Ltd., tracking filings, financial news, and market signals from Japan.
TSE:7685
The final paid stock-option allocation gives 6,420 rights to 26 employees and 2,160 to four directors, for 8,580 rights tied to 858,000 shares in total. It is a compensation update, but one that says retention is not being reserved for the boardroom.
Midas Capital disclosed 30,277,200 BuySell Technologies shares, equal to 49.02% of outstanding stock, with the ratio unchanged from the previous report and the filing triggered by changes to collateral and other important contracts rather than fresh buying. One newly listed term was a 1,000,000-share pledge to Shizuoka Bank dated May 29, a reminder that sub-50% stakes can still come with a great deal of financing plumbing.