Significantly falling for the third day. Usa Kotoyu (Tsushima City, Aichi Prefecture), which deals in petroleum products wholesale, among other things, has announced that it has entered into a capital business alliance agreement with Goodspeed, which allocates 1,764,800 new shares of Goodspeed, to be procured with funds raised through a third-party allotment of approximately JPY 1.477 billion, for the purpose of using them as input capital for automobile-related products. In addition, Usa Kotoyu has announced its second public tender offer (TOB) for Goodspeed. The tender offer price of 850 yen per share is being viewed as selling pressure, as it is lower than the previous day's closing price of 1036 yen.
グッドスピード---大幅に3日続落、宇佐美鉱油に新株176万株割り当て、1株につき850円で第2回TOB
Good Speed --- a significant 3-day consecutive decline, with 1.76 million new shares allocated to Usami Oil at 850 yen per share for the second tender offer.
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