The offerors become the subscribers for shares issued upon entity conversion, in respect of the number of shares issued upon entity conversion that are allotted to them by the incorporated association-operated financial instruments exchange.
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underwriter
「引受人」
In this Act other than Chapter V, a person that, in a public offering or secondary distribution of securities, a private placement, or a solicitation for selling, etc. made only to professional investors, acquires all or part of the securities in order to have others acquire them, contracts to acquire whatever part no one else acquires, or, for share option certificates, contracts to acquire and exercise the options left unexercised.
Defined inArticle 2, paragraph (6)
incorporated association-operated financial instruments exchangemachine translation
「会員金融商品取引所」
A financial instruments membership corporation (金融商品会員制法人) that operates a financial instruments exchange market (取引所金融商品市場).
Short name set inArticle 87-6, paragraph (1)
shares issued upon entity conversion
「組織変更時発行株式」
In the division on the entity conversion of a member financial instruments exchange (Chapter V, Section 2, Subsection 1, Division 6), the shares that the incorporated financial instruments exchange formed by an entity conversion (組織変更) issues under Article 101-9 on the conversion, beside the shares allotted under Article 101-6, paragraph (1).
Short name set inArticle 101-9, paragraph (1), item (i)· applies only in this division
offeror
「申込者」
In the division on the entity conversion of a member financial instruments exchange (会員金融商品取引所), a person who has applied under Article 101-10, paragraph (2) to subscribe for shares issued upon entity conversion (組織変更時発行株式).
Short name set inArticle 101-10, paragraph (4)· applies only in this division