Komori
Share Issuance and Disposal278ATerra Drone CorporationElectrical Equipment and Precision Instruments

Notice Concerning the Exercise of the 24th Stock Acquisition Rights (Fixed Exercise Price)

The representative director exercised all 18 of the 24th Stock Acquisition Rights, resulting in the issuance of 1,800 new shares. This resulted in a payment of ¥19.8 million to the company.

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51Recurring
Scored from 3 of 5 sections
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Neutral
Direction inferred from the company’s description.
Scale
1800
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Exercise of Stock Acquisition Rights with a fixed exercise price

Who receives how much

1,800 shares (18 Stock Acquisition Rights)

Representative Director Tokushige Toru (徳重 徹): 1,800 shares (full exercise of 18 Stock Acquisition Rights)

The lower thin line represents the existing number of shares to which these shares will be added.

Amount of funds to be raised

Total amount paid in: ¥19,800,000; estimated net proceeds: Not disclosed

Terms of the stock acquisition rights
Exercise price
¥11,000 per share. Adjustment provisions: no downward adjustment provision, as the exercise price is fixed
Number of Stock Acquisition Rights
Total number issued: Not disclosed; balance unexercised: Not disclosed
Intended allottee's holding policy
Intention to hold the shares for the long term
Most recent equity financing
Stage 2 of the Stock Acquisition Rights (out of 5 stages) described in the supplementary materials on financing disclosed on 15 June 2026. Amount: Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalExercise of Stock Acquisition Rights with a fixed exercise price
Number of shares to be issued or disposed of1,800 shares (18 Stock Acquisition Rights)
Amount of funds to be raisedTotal amount paid in: ¥19,800,000; estimated net proceeds: Not disclosed
Intended allotteeRepresentative Director Tokushige Toru (徳重 徹): 1,800 shares (full exercise of 18 Stock Acquisition Rights)
Intended allottee's holding policyIntention to hold the shares for the long term
Exercise price¥11,000 per share. Adjustment provisions: no downward adjustment provision, as the exercise price is fixed
Number of Stock Acquisition RightsTotal number issued: Not disclosed; balance unexercised: Not disclosed
Most recent equity financingStage 2 of the Stock Acquisition Rights (out of 5 stages) described in the supplementary materials on financing disclosed on 15 June 2026. Amount: Not disclosed
Items this document does not state (20)
Issue price and disposal priceTotal issue valueEstimated issuance expensesSpecific use of fundsPayment dateDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise periodTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

These were Stage 2 Stock Acquisition Rights described in the supplementary materials on financing disclosed on 15 June 2026. They were exercised following completion of the exercise of the Stage 2 19th Stock Acquisition Rights allocated to Mizuho Securities.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Exercise of the 24th Stock Acquisition Rights (Fixed Exercise Price) | Terra Drone Corporation (278A) timely disclosure | Komori