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ispace,inc. ( (JP:9348) ) has provided an announcement.
ispace, inc. has announced an expected change in its major shareholder due to a share lending agreement with CVI Investments, Inc., managed by Heights Capital Management. This temporary change, effective February 17, 2025, involves the lending of 3,000,000 shares by CEO Takeshi Hakamada, which will see his voting rights reduced from 11.784% to 8.838%. Despite this shift, the company assures stakeholders that Hakamada’s role and commitment to ispace remain unchanged, and the impact on financial forecasts is expected to be minimal.
More about ispace,inc.
ispace, inc. operates in the aerospace industry, focusing on lunar exploration and development services. The company is known for its efforts in advancing lunar exploration and providing transportation and logistics solutions for lunar missions.
YTD Price Performance: -8.53%
Average Trading Volume: 3,320,771
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen63.85B
For an in-depth examination of 9348 stock, go to TipRanks’ Stock Analysis page.
