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    7342   JP3155360005

WEALTHNAVI INC.

(7342)
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WealthNavi : Notice Regarding Determination of Issue Price, Selling Price and Other Matters

11/18/2021 | 09:43am EST

November 18, 2021

Company Name: WealthNavi Inc.

Representative: Kazuhisa Shibayama, Representative Director and CEO

(Code Number: 7342 Tokyo Stock Exchange Mothers)

Inquiries: Gaku Hirose, Director, CFO (TEL.03-6632-4911)

Notice Regarding Determination of Issue Price, Selling Price and Other Matters

of Issuance of New Shares and Secondary Offering of Shares by way of International Offering

WealthNavi Inc. ("the Company") hereby announces that with respect to the issuance of its new shares by way of an international offering and the secondary offering of shares by way of an international offering, which its board of directors resolved on November 18, 2021, the issue price, selling price and certain other matters have been determined as set forth below.

1. Issuance of new shares by way of an international offering

(1)

Issue Price (Offer Price)*

¥3,183 per share

(2)

Total Amount of Issue Price (Offer

¥2,992,020,000

Price)

(3)

Amount to be Paid in*

¥3,044.60 per share

(4)

Total Amount to be Paid in

¥2,861,924,000

(5)

Payment Date

December 3, 2021

(6)

Delivery Date

December 6, 2021

  1. The Underwriters shall purchase the shares at the amount to be paid in and offer the shares at the issue price (offer price).

2. Secondary offering of shares by way of an international offering

(1)

Selling Price*

¥3,183 per share

(2)

Total Amount of Selling Price

¥6,366,000,000

(3)

Subscription Price*

¥3,044.60 per share

(4)

Total Amount of Subscription

¥6,089,200,000

Price

(5)

Delivery Date

The delivery date shall be the same as the delivery date set out in 1. above.

(*) The Underwriters shall purchase the shares at the subscription price and offer the shares at the selling price.

Note: This press release does not constitute an offer of any securities for sale. This press release has been prepared for the sole purpose of making a public announcement regarding the issuance of the Company's new shares by way of an international offering and the secondary offering of shares by way of an international offering, and not for the purpose of soliciting investment, etc. within or outside Japan. This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to in this press release have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities may not be offered or sold in the United States absent registration or an exemption from the registration requirements under the Securities Act. No public offering of the securities will take place in the United States.

Disclaimer

WealthNavi Inc. published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 14:42:02 UTC.


© Publicnow 2021
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Financials
Sales 2021 4 642 M 40,5 M 40,5 M
Net income 2021 -315 M -2,75 M -2,75 M
Net cash 2021 8 349 M 72,9 M 72,9 M
P/E ratio 2021 -248x
Yield 2021 -
Capitalization 79 247 M 692 M 692 M
EV / Sales 2021 15,3x
EV / Sales 2022 9,96x
Nbr of Employees 91
Free-Float -
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Mean consensus -
Number of Analysts 0
Last Close Price 1 703,00 
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Spread / Average Target -
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Managers and Directors
Kazuhisa Shibayama Chief Executive Officer & Representative Director
Gaku Hirose Chief Financial Officer & Director
Ken Okamoto Chief Technology Officer & Executive Officer
Sumito Togo Independent Director
Shinsuke Mitsui Chief Marketing Officer & Executive Officer
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