(Progress of disclosure items) Announcement regarding acquisition of Inpria Corporation (and making it a subsidiary)
October 29, 2021 at 11:48 am IST
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Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
October 29, 2021
To whom it may concern,
Company name:
JSR Corporation
Representative:
Eric Johnson, Representative Director, CEO
(Code #4185, Tokyo Stock Exchange)
Inquiries to:
Yoshiko Takeda, General Manager
Corporate Communications Dept.
TEL: (03)6218-3517 (Japan)
+81-3-6218-3517 (from abroad)
(Progress of disclosure items)
Announcement regarding acquisition of Inpria Corporation
(and making it a subsidiary)
JSR Corporation announced in the " Announcement regarding acquisition of Inpria Corporation (and making it a subsidiary)" on September 17, 2021 that it planned to acquire additional shares of Inpria Corporation, a U.S. manufacturer of metal-based photoresists for Extreme Ultraviolet (EUV) lithography, making it a wholly owned subsidiary of JSR Corporation. The acquisition procedures was completed on October 29, 2021 (U.S. time).
1. Outline of the Company
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Company Name
Inpria Corporation
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Address
1100 NE Circle Blvd., Suite 360 Corvallis, Oregon 97330
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Representative
Andrew Grenville, CEO
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Businesses
Development and manufacturing of metal based EUV resists
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Capital
74,224 thousand U.S. dollars(As of June 30, 2021)
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Date of Establishment
2007
Major Shareholders and their
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ownership percentages
JSR Corporation 21.3%
(As of July 12, 2021)
2. Date of acquisition October 29, 2021
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Acquisition Price About US$421 million
Outlook for the future
We are currently examining the impact of this acquisition on our business performance. If any event that should be disclosed in the future arises, we will announce it promptly.
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JSR Corporation published this content on 29 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2021 06:17:00 UTC.
JSR Corp mainly conducts digital solutions business, life science business and synthetic resin business. The Company operates in three business segments. The Digital Solution Business manufactures and sells semiconductor materials, display materials and edge computing related products. The Life Science segment is engaged in diagnostic and research reagents and materials, bioprocess materials and drug discovery support services. The Elastomers segment includes synthetic rubbers such as styrene and butadiene rubber, butadiene rubber, and ethylene and propylene rubber, refined processed products, thermoplastic elastomers and processed products, latexes for paper processing, latexes for general industrial use, acrylic emulsions, high-performance dispersants, as well as chemical products such as industrial particles, thermal insulation paint materials, battery materials, and butadiene monomers. The Synthetic Resin segment manufactures and sells acrylonitrile butadiene styrene (ABS) resins.