FreakOut Holdings, inc. (TSE:6094) made an offer to acquire a stake in UUUM Co.,Ltd. (TSE:3990) for ¥9.7 billion on August 10, 2023. The offer will close on September 8, 2023. Nagashima Ohno & Tsunematsu and Mori Hamada & Matsumoto LPC acted as legal advisors to FreakOut Holdings, inc. and SBI Securities Co., Ltd. acted as financial advisor to Freakout Holdings.

As of September 9, 2023, the transaction Offer has exceeded the minimum number of shares planned to be purchased.