Cactus Oasis Investment Association No. 2 Reports Zero Stake in iA Inc. After Transfer of Convertible Bonds to Special Relation, Change in Representative Reporter

On July 14, 2026, Cactus Oasis Investment Association No. 2 filed an amended substantial shareholding report for iA Inc.
Due to the transfer of its entire holding of 523,560 convertible bonds to a special relation, Cactus Oasis Fund III, the filer's stake reduced to zero. This is an administrative adjustment for a change in representative reporter, not an actual market transaction.
The filer no longer meets the 5% threshold, and the special relation will report the combined holdings in future filings. No new capital raising or dilution effect arises from this change; the existing dilution risk from the convertible bonds remains unchanged.
[AI Summary]This amendment reflects a transfer of iA convertible bonds from Cactus Oasis Investment Association No. 2 to a related fund within the same group, resulting in a change of the representative reporter. As no actual share trading occurred, there is no new funding or dilution. The potential dilution from the outstanding convertible bonds persists, but the administrative change has a neutral impact on the stock price.