Komori
Share Issuance and Disposal278ATerra Drone CorporationElectrical Equipment and Precision Instruments

Notice Regarding the Large-Scale Exercise of the 20th Series of Stock Acquisition Rights (with Exercise Price Adjustment Clause)

From 21 to 22 July 2026, 650 of the 20th Series Warrants were exercised and 65,000 new shares were delivered. As a result, the number of unexercised warrants decreased from 2,133 to 1,483.

Worth reading
63In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
650
Warrants (30.47% of the total issued)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Exercise of warrants with an exercise price adjustment provision (large-scale exercise)

発行・処分する株式数

65,000 new shares; 0 treasury shares transferred

Terms of the stock acquisition rights
Exercise price
¥15,000 (21 and 22 July 2026). The floor under the adjustment provision is Not disclosed
Number of Stock Acquisition Rights
Total issued: Not disclosed; unexercised balance as of 6 July 2026: 2,133 warrants; current unexercised balance: 1,483 warrants
Most recent equity financing
Timing 6 July 2026 / Type Issuance of Stock Acquisition Rights with Adjustment Clauses for the Exercise Price / Amount Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalExercise of warrants with an exercise price adjustment provision (large-scale exercise)
Number of shares to be issued or disposed of65,000 new shares; 0 treasury shares transferred
Total number of issued shares9,827,800 shares (as of the end of the month preceding the relevant month) → Not disclosed
Exercise price¥15,000 (21 and 22 July 2026). The floor under the adjustment provision is Not disclosed
Number of Stock Acquisition RightsTotal issued: Not disclosed; unexercised balance as of 6 July 2026: 2,133 warrants; current unexercised balance: 1,483 warrants
Most recent equity financingTiming 6 July 2026 / Type Issuance of Stock Acquisition Rights with Adjustment Clauses for the Exercise Price / Amount Not disclosed
Items this document does not state (22)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateBasis 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.

A large-scale exercise occurred from 21 to 22 July 2026 of the warrants with an exercise price adjustment provision issued by the Company on 6 July 2026.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Large-Scale Exercise of the 20th Series of Stock Acquisition Rights (with Exercise Price Adjustment Clause) | Terra Drone Corporation (278A) timely disclosure | Komori