Yuichiro Yamazaki made an offer to acquire remaining 97.54% stake in Metaps Inc. (TSE:6172) from Katsuaki Sato, Nippon Gas Co., Ltd, and others for ¥15 billion on February 13, 2023. Yuichiro Yamazaki entered into a tender agreements with Katsuaki Sato, Nippon Gas Co., Ltd. As per the terms, the offer per share is ¥889. Yuichiro Yamazaki has set the minimum number of shares to be purchased to 10,995,400. Yuichiro intends to take the company private, If a certain threshold has achieved the offeror will go for squeeze out procedures. The offer period started from February 14, 2023 till March 29, 2023. Mori Hamada & Matsumoto LPC, TMI Associates acted as legal advisors, Japan TurnAround Partners Advisory, Inc., and SMBC Nikko Securities Inc. acted as financial advisors to Metaps Inc..

Yuichiro Yamazaki completed the acquisition of remaining 97.54% stake in Metaps Inc. (TSE:6172) from Katsuaki Sato, Nippon Gas Co., Ltd and others on March 29, 2023.