Financing through stock acquisition rights with adjustment clauses for the exercise price
First written in FY2018-Q2. 3 of 6 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2019.
6 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「Not applicable.」
No new exercises or fund-raising were disclosed regarding the exercise status or other matters concerning bonds with Stock Acquisition Rights subject to exercise-price adjustment clauses and similar instruments. - FY2019-Q3Funding continued through the exercise of Stock Acquisition RightsAnnual report
「From 1 April 2019 through 30 April 2019, exercise of Stock Acquisition Rights increased the total number of issued shares by 4,400 and stated capital and capital surplus by ¥2 million each.」
As a subsequent event in April 2019, exercise of Stock Acquisition Rights continued, increasing the total number of issued shares by 4,400 and stated capital and capital surplus by ¥2 million each. - FY2019-Q2AdvancedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
Stock Acquisition Rights were exercised from October through December 2018, increasing the total number of issued shares by 2,000 and stated capital and capital surplus by ¥1 million each. - FY2019-Q1AdvancedAnnual report
「The increase resulted from the exercise of share acquisition rights.」
Exercise of Stock Acquisition Rights with an exercise-price adjustment clause continued from July through September 2018, increasing the total number of issued shares by 400. - FY2018-Q3AdvancedAnnual report
「The Company has issued new shares upon the exercise of stock acquisition rights. As a result, during the first 3 quarters of the consolidated fiscal year, capital and capital reserves each increased by ¥1,542,332 thousand. At the end of the third quarter of the consolidated fiscal year, capital was ¥3,105,037 thousand and capital reserves were ¥2,095,037 thousand.」
Exercise of Stock Acquisition Rights with an exercise-price adjustment clause progressed, increasing stated capital and capital surplus by ¥1,542.332 million each during the cumulative period of the first 3 quarters. - FY2018-Q2First statedAnnual report
「The total number of shares underlying these Stock Acquisition Rights is fixed at 1,700,000 shares of our common stock, and the number of allocated shares (as defined in Note 3(1)) is fixed at 100 shares. Neither figure changes even if the exercise price (as defined in Note 4(1)(ii)) is adjusted due to a rise or fall in the share price.」
The company issued Stock Acquisition Rights with an exercise-price adjustment clause through a third-party allotment, exercisable from 8 December 2017 to 9 December 2019 for up to 1,700,000 shares. During the quarter, 2,500 rights were exercised, resulting in the issuance of 250,000 shares and ¥776.556 million in funding.