Press Releases 2020
SoftBank Corp. (hereinafter the “Company”, “we”, or “our”) hereby announces that, in connection with the secondary offering of shares of the Company announced on August 28, 2020, the offer price and other matters have been determined as follows.
1. Secondary Offering through purchase and underwriting by underwriters
|(1) Class and number of shares to be offered||
927,490,200 shares of common stock of the Company, the aggregate of (ⅰ) through (ⅲ) below.
|(2) Offer price*1||
JPY1,204.50 per share
|(3) Total amount of offering price *2||
|(4) Purchase Price *1||
For the shares to be offered described in (1) (ⅰ) above:
JPY1,179.85 per share
For the shares to be offered described in (1) (ⅱ) and (ⅲ) above:
JPY1,192.08 per share
|(5) Total amount of purchase price *2||
|(6) Subscription period (Japanese offering)||
From Tuesday, September 15, 2020
|(7) Delivery date||
Wednesday, September 23, 2020
- *1The underwriters will purchase and underwrite shares to be offered at the purchase price and conduct an offering at the offer price.
- *2The above amounts assume that the International Underwriters exercise all of the options set forth in (1) (ⅲ) above.
2. Offering by way of over-allotment
|(1) Class and number of shares to be offered||100,571,200 shares of common stock of the Company|
|(2) Offer price||JPY1,204.50 per share|
|(3) Total amount of offering price||JPY121,138,010,400|
|(4) Subscription period||From Tuesday, September 15, 2020
to Wednesday, September 16, 2020
|(5) Delivery date||Wednesday, September 23, 2020|
1. Calculation of the offer price
|(1) Reference date for calculation and price||Monday, September 14, 2020||JPY1,242|
|(2) Discount rate||3.02%|
2. Exercise period of the Green Shoe Option
From Wednesday, September 23, 2020 to Tuesday, September 29, 2020
3. Syndicate covering transaction period
From Thursday, September 17, 2020 to Friday, September 25, 2020
This document is a press release to announce the determination of the offer price and other matters of the offering of common stock of the Company, and it has not been prepared for the purpose of soliciting investments or other conduct of similar nature whether in Japan, the United States, or elsewhere.
With respect to investments in Japan, investors are advised to do so based on their sole judgement after reviewing “the Prospectus on the Offering of Shares” (and revisions thereto, if prepared) prepared by the Company.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States. The securities referred to in this press release have not been, and will not be, registered under the United States Securities Act of 1933, as amended (hereinafter the “Securities Act”). The securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. The securities referred to above will not be publicly offered or sold in the United States.