On April 1, 2022, Hakuhodo DY Holdings Inc. announced that plans to make important proposals, etc. in order to make SoldOut, Inc. a wholly owned subsidiary. Specifically, Hakuhodo shall be based on the shareholders of the Company and the resolution of the Company's board of directors held on June 28, 2016, based on the provisions of Chapter 2, Section 4-2 of Volume 2 of the Companies Act. Hakuhodo requests all holders of stock acquisition rights and stock acquisition rights issued pursuant to a resolution of the Company's board of directors held on May 10, 2021 to sell all of their shares.