Yuichiro Yamazaki made an offer to acquire remaining 97.54% stake in Metaps Inc. (TSE:6172) from Katsuaki Sato, Nippon Gas Co., Ltd, and others for ¥15 billion on February 13, 2023. Yuichiro Yamazaki entered into a tender agreements with Katsuaki Sato, Nippon Gas Co., Ltd. As per the terms, the offer per share is ¥889. Yuichiro Yamazaki has set the minimum number of shares to be purchased to 10,995,400.

Yuichiro intends to take the company private, If a certain threshold has achieved the offeror will go for squeeze out procedures. The offer period started from February 14, 2023 till March 29, 2023. Mori Hamada & Matsumoto LPC, TMI Associates acted as legal advisors, Japan TurnAround Partners Advisory, Inc., and SMBC Nikko Securities Inc. acted as financial advisors to Metaps Inc..