SYLA Technologies Enters into Basic Agreement Regarding a Business Alliance with RIBERESUTE and Agrees to Acquire Shares from Four of Its Shareholders to Become the Largest Shareholder
SYLA expects that the Share Acquisition will make it the largest shareholder of RIBERESUTE.
- SYLA expects that the Share Acquisition will make it the largest shareholder of RIBERESUTE.
- The Share Acquisition is subject to certain closing conditions and is expected to be completed by mid-January 2024.
- In conjunction with this Share Acquisition, SYLA today has also entered into a "Basic Agreement on Business Alliance" (the "Agreement") with RIBERESUTE.
- The envisioned details of the business alliance at this time are as follows: