Since the company’s establishment in Singapore in 2016, AnyMind Group has continued to achieve steady business growth with an objective of forming a business infrastructure for the rapidly growing Asian market. We believe that our success is due to the support we have received from our various stakeholders. We would like to again thank all stakeholders for their support.
We would also like to thank the many individual and institutional investors who have applied to acquire shares of AnyMind Group for our IPO on the Growth market of the Tokyo Stock Exchange.
We understand that the internet industry, to which our company belongs to since we started operations, is relatively young, highly diverse and highly competitive, and that there are various uncertainties, especially as we expanded our business quickly over the years. We have decided today to cancel the issuance of shares for subscription and the secondary offering of shares, and to delay listing procedures accordingly, because we ascertained that there are risks and disclosures in our business activities that need to be confirmed before the listing date and that a reasonable amount of time will be required to confirm such risks and disclosures.
We expect the delay of listing procedures to have a negligible impact on our future business growth, and there will be no change in our ambition to continue striving for more business growth in the future.
We intend to make a comprehensive decision on the timing to resume listing procedures after promptly carrying out the relevant confirmation and carefully assessing the situation.
We sincerely apologize for any inconvenience and concern that this decision may have caused to our individual investors, institutional investors, employees, employees’ families, and all those who were involved in the listing of our shares.