Nippon Television Holdings, Inc. (TSE:9404) made an offer to acquire a 25.4% stake in Beaglee Inc. (TSE:3981) for ¥2.8 billion on November 12, 2021. As per terms of transaction, Nippon Television Holdings, Inc. will acquire minimum 0.713 million shares and maximum 1.5149 million shares. Tender offer price is ¥1900 per share. Beagle will issue a maximum of 1.07 million shares in the tripartite allotment to Nippon depending on the results of the Tender Offer. Tender offer will begin on November 15, 2021 and will end on December 23, 2021. Settlement start date for the Tender Offer December 29, 2021. Payment period for the third-party allotment from December 24, 2021 to February 28, 2022. SMBC Nikko Securities Inc. acted as tender offer agent for Nippon.

Nippon Television Holdings, Inc. (TSE:9404) completed the acquisition of a 25.4% stake in in Beaglee Inc. (TSE:3981) on December 23, 2021. All 1,514,900 shares tendered under the Offer.