Kakaku.com,Inc. (2371)

MBO - BCPE Blitz Cayman L.P. tender offer update - competing bid vs. Kamgras 1 - 3,520–3,640 yen/share

BCPE Blitz Cayman (Bain Capital–LINE Yahoo partnership) will not increase tender price during 5-business-day window (closed 20 Aug 2026). BCPE Blitz tender: 3,520 yen/share (or 3,640 yen if KDDI non-tender agreement secured). Kamgras 1 competing bid: 3,570 yen/share (raised 13 Aug 2026). Board remains neutral; will evaluate both offers versus company value and feasibility.

MBO - Price increase to ¥3,570/share (from ¥3,450) - Kamgras 1 K.K. - Tender period extended to 2026-08-27 (75 business days)

Tender price raised to ¥3,570/share from ¥3,450. Warrants tendered at ¥1 each. Tender period extended to 2026-08-27 (75 business days, from prior 67 business days ending 2026-08-17). Board recommendation unchanged. Minimum tender threshold 34,941,000 shares. Offeror: Kamgras 1 K.K. (advised by Bain Capital PE and LINE Yahoo Corporation).

MBO — Kamgras 1 — tender offer for Kakaku.com — price raised ¥3,450 → ¥3,570/share — period extended to 2026-08-27

Tender offer price raised from ¥3,450 to ¥3,570 per share. Offer period extended to 2026-08-27 (total 75 business days). Change triggered by competing bid from BCPE Blitz Cayman, L.P. announced 2026-07-29 and sustained market trading above prior offer price.

MBO - Kamgras 1 (Bain Capital & LINE Yahoo) - 3,520–3,640 yen/share - Extended to 2026-08-17

Kakaku.com board update: rival tender offer from Bain Capital & LINE Yahoo at 3,520 yen/share (3,640 yen if KDDI non-acceptance agreement secured) supersedes initial Kamgras 1 tender at 3,450 yen/share. Tender period extended to 2026-08-17 (67 business days total). Board to negotiate with both offerors to determine which transaction better serves company value and shareholder interests. Special committee recommendation and board support stance unchanged.

MBO – Kamgras 1 – Price raised to ¥3,450/share – Kakaku.com tender offer – Revised terms

Kamgras 1 (Bain Capital vehicle) revised tender offer for Kakaku.com: offer price raised from ¥3,000 to ¥3,450 per share; offer period extended to 10 business days from 31 July 2026, closing 17 August 2026; both price and timeline changes follow competing proposal at ¥3,384 from Bain and LINE Yahoo on 1 July; revised price characterized as highest economically feasible level vs. LINE Yahoo consortium proposal.

Take-private

MBO – Kakaku.com tender offer price raised to ¥3,450/share (from ¥3,000) – Kamgras 1 KK (Bain Capital + LINE Yahoo) – period extended to 2026-08-03

Tender offer price increased to ¥3,450 per share from ¥3,000. Offer period extended to 2026-08-03 (58 business days total). Change prompted by competing proposal from Bain Capital and LINE Yahoo disclosed 2026-07-01, and sustained market trading above ¥3,000.

MBO - Kamgras 1 / LINE Yahoo - Tender price raised to ¥3,450/share (from ¥3,000) - Tender period extended to 2026-08-03 (58 business days) - Delisting

Tender price raised to ¥3,450/share from ¥3,000; tender period extended from 2026-07-22 to 2026-08-03 (58 business days). Self-tender offer price set at ¥2,805/share. Delisting objective. Board endorsement and shareholder discretion remain unchanged. Warrant prices set at ¥1 each across 11 classes.

MBO - Kamgras 1 - Period extended to 2026-07-22 (50 business days) - Board maintains support, withdraws recommendation to shareholders

Kamgras 1 (offeror) tender offer for Kakaku.com: ¥3,000/share for ordinary stock plus ¥1/unit for multiple warrant series; minimum acceptance threshold 34,941,000 shares; period extended to 2026-07-22 (50 business days). Board maintains support for offer but withdraws recommendation to shareholders; takes neutral stance on shareholder participation.

MBO - Kakaku.com - Kamgras 1 - Tender offer period extended to 2026-07-22 (50 business days total)

Kamgras 1 K.K. extends tender offer period for Kakaku.com Inc. (2371) to 2026-07-22 (50 business days cumulative from May 13). Extension filed 2026-07-07 following target company's revised recommendation announcement.

MBO – Kamgras 1 – tender period extended to 16-Jul-26 – ¥3,000/share – 34.94M share floor – delisting

Tender offer period extended from 2-Jul-26 to 16-Jul-26 (47 business days total). Offeror: Kamgras 1 K.K. Price: ¥3,000 per share. Minimum acceptance threshold: 34,941,000 shares. Offer covers ordinary shares and eleven series of warrants (¥1 per warrant). Purpose: delisting (非公開化). No maximum share cap stated. Board recommends tendering.

MBO tender offer period extension – Kamgras 1 Corp acquires Kakaku.com – tender window extended to 2026-07-16 (47 business days total)

Tender offer period extended to 2026-07-16 (total 47 business days). Minimum tender threshold 34,941,000 shares (17.51% of S/O). No upper limit; offeror (Kamgras 1 Corp, EQT-backed) intends to acquire all shares, making Kakaku.com non-public. Extension rationale: provide shareholders and warrant holders further decision opportunity; elevate odds of offer success.

MBO - Kakaku.com - Kamgras 1 K.K. - Board stance changed from 'recommend' to 'neutral' on July 1, 2026

Kakaku.com board of directors reversed prior recommendation to shareholders to tender shares in Kamgras 1 K.K. tender offer; board now takes neutral stance while maintaining support for the transaction. Tender price and other material terms unchanged from prior May 12, 2026 announcement. Delisting intended upon completion.

MBO - Kakaku.com - Kamgras 1 - Tender offer amendment - Foreign Exchange Act waiting period shortened

Kamgras 1 K.K. (offeror) amends its tender offer for Kakaku.com shares effective 2026-06-03 following shortening of Foreign Exchange Act waiting period. Tender offer commenced 2026-05-13. Amended filing addresses timing of when ordinary shares became acquirable; no change to offer terms or conditions.

MBO - Kamgras 1 - Kakaku.com - Tender offer - Australian ACCC clearance received - Corrective disclosure

Kamgras 1 (offeror) filed corrective tender offer disclosure for Kakaku.com (2371, TSE Prime) following receipt of Australian ACCC clearance on 2026-05-25. Tender offer commenced 2026-05-13. Corrective filing addresses regulatory clearance condition satisfaction; no material change to offer terms per Article 27-3(2)(1) of Financial Instruments and Exchange Act.

MBO · Kamgras 1 K.K. (Robert Patrick Ryan) · Corrected disclosure · FTC clearance received May 15, 2026

Kamgras 1 K.K. corrected its tender offer disclosure for Kakaku.com Inc. following receipt of FTC non-exclusion and prohibition period shortening notices on May 15, 2026.

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