SBC Medical Group Holdings Acquires Majority Stake in Waqoo, Inc. for $1.09 bln

SBC Medical Group Holdings has completed a tender offer for Waqoo, Inc.'s shares at JPY 1,900 per share. SBC Medical will acquire 575,052 common shares, with settlement scheduled to begin on December 19, 2025. Yoshiyuki Aikawa, Waqoo's largest shareholder, will transfer his remaining shares to SBC Medical, making SBC Medical the parent company and largest shareholder of Waqoo. This acquisition will enhance SBC Medical's healthcare technology capabilities and strengthen its presence in the Japanese market.