Cases

FOLIO Holdings Co., Ltd. - Third-party allotment of shares to SBI Financial Services Co., Ltd.

Professionals
Atsushi Mizushima
Date
2021
Practice Areas
M&AStartups & Venture CapitalVenture FinanceFinTech

Leading Japanese law firm Nishimura & Asahi advised FOLIO Holdings Co., Ltd., a Japanese fintech company, on its fundraising through third-party allotment of shares and share transfer to SBI Financial Services Co., Ltd., a subsidiary of SBI Holdings Inc. [TSE: 8473]. As a result of the transaction, FOLIO Holdings became a consolidated subsidiary of SBI Financial Services Co., Ltd.

The Nishimura & Asahi team advising FOLIO Holdings was led by partner Atsushi Mizushima, supported by Yuki Terao.