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)

Between 3 August and 26 August 2026, 1,283 of the 20th Series Stock Acquisition Rights were exercised, and 128,300 shares were delivered. As a result, the number of unexercised stock acquisition rights decreased from 1,483 to 200.

Worth reading
63In focus
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
128300
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Progress report on the bulk exercise of stock acquisition rights with an exercise price adjustment clause

発行・処分する株式数

New shares: 128,300; treasury shares transferred: 0

Existing Shares and Increase
+1.23%Rate of increase
10,397,100 shares10,525,400Shares

1.2335% (128,300 shares delivered ÷ 10,397,100 shares issued as of the end of the month preceding the target month)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Terms of the stock acquisition rights
Exercise price
¥15,000. The stock acquisition rights have an exercise price adjustment clause, but the floor for the adjusted price is Not disclosed.
Number of Stock Acquisition Rights
Total issued: 2,133 (1,283 exercised, or 60.15% of the total issued); currently unexercised: 200
Basis for determining the amount to be paid
The exercise price is ¥15,000 on each exercise date. The periods for the closing price and average share price used as the calculation benchmarks, and the discount and premium rates, are Not disclosed.
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 disposalProgress report on the bulk exercise of stock acquisition rights with an exercise price adjustment clause
Number of shares to be issued or disposed ofNew shares: 128,300; treasury shares transferred: 0
Dilution Rate1.2335% (128,300 shares delivered ÷ 10,397,100 shares issued as of the end of the month preceding the target month)
Total number of issued shares10,397,100 shares → 10,525,400 shares(Approximately 1.23%)
Basis for determining the amount to be paidThe exercise price is ¥15,000 on each exercise date. The periods for the closing price and average share price used as the calculation benchmarks, and the discount and premium rates, are Not disclosed.
Exercise price¥15,000. The stock acquisition rights have an exercise price adjustment clause, but the floor for the adjusted price is Not disclosed.
Number of Stock Acquisition RightsTotal issued: 2,133 (1,283 exercised, or 60.15% of the total issued); currently unexercised: 200
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 (20)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyExercise 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.

No reason given by the company.

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