CyberStep Inc. Announces Establishment of New Holding Company and Plans for ASX Listing

CyberStep Inc., a key player in the gaming and entertainment industry, has recently made a significant announcement regarding its strategic direction. At the board meeting scheduled for April 23, 2025, the company decided to establish a new intermediary holding company, CyberStep Nova Inc. This new entity will commence operations on May 9, 2025, following a corporate split designed to enhance operational efficiency and international growth.

This strategic move is expected to bolster CyberStep Inc.'s position in the ever-evolving business landscape. With the establishment of CyberStep Nova, the company's subsidiaries, CyberStep Communications, Inc. and ONKN Inc., will join the new holding company as its subsidiaries, thereby creating a stronger operational framework and allowing better synergy among different business segments.

Purpose Behind the Establishment

The primary aim of setting up CyberStep Nova is to proactively adapt to changes in the business environment and continue driving sustainable growth. The management recognizes the importance of maximizing synergies by combining the strengths of affiliated companies. This strategic initiative will facilitate faster and more accurate decision-making, paving the way for an enhanced international business expansion.

The newly established holding company will oversee two key subsidiaries: CSC, which is responsible for online gaming operations in the U.S. market, and ONKN, which specializes in talent management as well as planning and selling IP content. By consolidating these operations under CyberStep Nova, the company aims to improve its capital raising capabilities and strengthen its competitive edge in global markets.

Financial Market Engagement

In conjunction with the holding company's establishment, CyberStep intends to pursue a listing on the Australian Securities Exchange (ASX). This move is anticipated to improve the group's financial agility and support its broader objective of expanding its international footprint. Currently, CyberStep is focused on concluding necessary procedural steps, including compliance with relevant laws and tax regulations as well as reassessing its capital structure.

The management aims to strengthen cooperation among its various companies and streamline operations under a unified corporate policy. These efforts are crucial for enhancing competitiveness in the global market, ensuring that CyberStep remains ahead of industry trends while confronting emerging challenges.

CyberStep Nova Overview

- Company Name: CyberStep Nova Inc.
- Establishment Date: May 9, 2025 (planned)
- CEO: Nobuyuki Tsuboi
- Location: 1-22-19 Izumi, Suginami-ku, Tokyo
- Business Focus: Management and oversight of subsidiaries

As CyberStep embarks on this new venture, stakeholders will be keenly observing how the establishment of CyberStep Nova and its aim for an ASX listing will unfold. The potential for enhanced operational efficiency and market competitiveness is certainly an exciting prospect for the company and its investors.