SBI Holdings (TYO:8473) has agreed to purchase up to 6.5 million shares of Gumi (TYO:3903) from Super State Holdings, potentially securing over 5% of Gumi's voting rights, according to its Tokyo bourse filing on Friday.

The acquisition, classified under Japan's Financial Instruments and Exchange Act, will occur between June 24 and June 30, with the final share count subject to negotiation.

This transaction could give SBI Holdings up to a 13.14% stake in Gumi, based on the company's total voting rights as of October 2024.

The deal aligns with SBI's strategic investments but remains contingent on final agreements during the acquisition period.