---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-318331"
form_type: "8-K"
ticker: "SBC"
cik: "0001930313"
company_name: "SBC Medical Group Holdings Inc"
filed_at: "2025-12-15T23:59:59+00:00"
generated_at: "2026-05-16T13:15:58.850278+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SBC Medical gains >50% control of Waqoo via ¥1,900/share tender offer

## Summary
- Tender offer oversubscribed: 637,817 shares tendered vs 575,000 max; SBC to purchase 575,052 shares at ¥1,900 each (total ~¥1,092.5M).
- Largest shareholder Yoshiyuki Aikawa to transfer all remaining shares off-market, pushing SBC ownership above 50%.
- Settlement begins December 19, 2025; SBC becomes parent company of Waqoo, a regenerative medicine R&D firm.
- Acquisition enhances SBC's healthcare technology capabilities and Japanese market presence.

## SEC filing metadata
- accession: 0001193125-25-318331
- form_type: 8-K
- ticker: SBC
- cik: 0001930313
- company_name: SBC Medical Group Holdings Inc
- filed_at: 2025-12-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930313/000119312525318331/0001193125-25-318331-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930313/000119312525318331/sbc-20251213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-318331
- JSON: https://secwatch.observer/filing/0001193125-25-318331.json
- Plain text: https://secwatch.observer/filing/0001193125-25-318331.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.