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ExaWizards attracts heavy buying after capital and business alliance with Sumitomo Mitsui Financial for AI collaboration

Wed Apr 1, 2026 9:47 am JST Catalyst

ExaWizards Inc. <4259> attracted heavy buying orders. The company announced after the close of trading on the 31st that it has entered into a capital and business alliance agreement with Sumitomo Mitsui Financial Group, Inc. <8316>. Sumitomo Mitsui Financial is expected to become the largest shareholder of ExaWizards following a third-party allotment capital increase. The collaboration on AI utilization and digital transformation promotion was received as a positive surprise.

ExaWizards will issue 9.55 million new shares at \565 per share to Sumitomo Mitsui Financial as the allottee. Sumitomo Mitsui Financial's shareholding ratio is expected to reach 10% after the allotment. ExaWizards will raise approximately \5,385.75 million in gross proceeds, which will be allocated to costs related to hiring dedicated teams and human resource development, as well as standby funds for M&A activities.

Source: MINKABU PRESS

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