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Rakuten, Inc. announced that the board of directors approved on March 1, 2006 that the Company makes a public offering consisting of newly issued shares and existing shares.
1. Offering of newly issued shares - Number of shares to be issued 1,150,000 shares of common stock
- Issue price Undecided (to be determined on any day during March 14, 2006 through March 16, 2006)
2. Sale of existing shares (1) Number of shares to be sold - 200,000 shares of common stock
(2) Sales price Undecided (to be determined on any day during March 14, 2006 through March 16, 2006)
This material is not an offer of securities for sale into the United States. The securities may not be offered or sold in the United States unless they are registered or exempt from registration and any public offering of securities to be made in the United States.
*Please note that the information contained in press releases is current as of the date of release.
March 1, 2006