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Universal Digital Inc. Announces Closing of Strategic Investment in ReYuu Japan Inc.
Newsfileยท 2025-10-29 11:30
Core Insights - Universal Digital Inc. has successfully closed a strategic investment in ReYuu Japan Inc., marking its entry into Asia's technology and digital asset markets [1][2][5] Investment Details - The company acquired 200,000 ordinary shares of ReYuu, representing approximately 3.48% of its issued share capital, for a total cash consideration of approximately USD 1,030,000 [7] - Additionally, Universal Digital acquired 8,000 warrants for USD 45,434, each warrant allowing the purchase of 100 ordinary shares of ReYuu at an exercise price of JPY 579 per share until July 23, 2028 [3][7] - The agreement includes an option for Universal Digital to acquire up to 10,000 additional warrants until July 23, 2028, at a price determined by a Black-Scholes formula or JPY 1,000, whichever is lower [3] Strategic Implications - The investment provides Universal Digital with a platform to develop scalable treasury and financing models in the Asian market, leveraging ReYuu's position as a listed technology company in Japan [5] - ReYuu operates in the reuse-related business, focusing on buying and selling reused communication terminal equipment, which aligns with the growing digital asset ecosystem [6]