Home / Crypto News / Fisco digital asset, To acquire Zaif To procure 4.2 billion yen by issuing corporate bond with stock acquisition right

Fisco digital asset, To acquire Zaif To procure 4.2 billion yen by issuing corporate bond with stock acquisition right

Fisco digital asset, To acquire Zaif To procure 4.2 billion yen by issuing corporate bond with stock acquisition right

Fiscalco Fisco Inc. issued 10th February’s cryptocurrency exchange office “Zaif” business, Fisco Digital Asset Group, the parent company of the Fiscal cryptocurrency exchange, issued corporate bonds with stock acquisition rights issuing 4.2 billion yen We announced that we will procure it.

What are bonds with stock acquisition rights?
A corporate bond with the right to convert it into shares of an issuer’s company under certain conditions.
Quoted from: SMBC Nikko Securities First time to understand the glossary

Fisco Corporation needs 5.5 billion yen for the transfer of the business, and it is said that out of 4,000 million yen from bonds with stock acquisition rights, 1.3 billion yen will be spent from the cash and deposit of the Fiscal Group and the cryptocurrency .

We announced that we will allocate 200 million yen to e Frontier, 1.1 billion yen to Vulcan · Crypt · Currency · Financial Products, and 2.9 billion yen to Kaica, respectively.

All of the above three companies are Fisco’s group companies and explain that they selected so that they do not take time to recruit so quickly to protect users of “Zaif”.

In this announcement, the management situation of Tek Bureau rocket in the last three years has also been disclosed, and it turned out that the fiscal deficit of 1,978 million yen in the fiscal year ended March 31, 1990 and the management of the company was quite severe.

Fisco digital asset, To acquire Zaif To procure 4.2 billion yen by issuing corporate bond with stock acquisition right Notice concerning Acquisition of Business at Affiliate Affiliates Involved by the Equity Method

The task improvement order received by Tech Bureau from the Financial Services Agency after unauthorized access was announced that Fiscal will continue to carry out the business improvement plan for business acquisition.

It was also revealed that the type of cryptocurrency handled by Zaif will not be changed after the business transfer .

In addition, Fiscco, the main user of which was a corporation, explains that the user base can be strengthened by taking over the business of “Zaif” which has a large number of individual user accounts in the cryptocurrency exchange industry I will.

Tech Bureau entered into a contract to transfer the business of cryptocurrency exchange “Zaif” to Fiscal

Article Source: Announcement concerning Acquisition of Business in Affiliated Company Affiliated by Equity Method

Author: ぼ に フ ァ 【Coin Desk News】 – Source Post: https://crypto-times.jp/fisco-digital-asset/

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