ispace,inc. (JP:9348) has released an update.
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ispace, inc. is set to experience a shift in its major shareholder as CEO Takeshi Hakamada enters a share lending agreement with CVI Investments, Inc., allowing the latter to borrow 2,750,000 shares. This change, effective October 18, 2024, will reduce Hakamada’s voting rights from 12.863% to 9.915%. The company anticipates no significant impact on its financial forecast.
For further insights into JP:9348 stock, check out TipRanks’ Stock Analysis page.