Komori
Share Issuance and Disposal278ATerra Drone CorporationElectrical Equipment and Precision Instruments

Notice Concerning the Exercise of the 25th Series of Stock Acquisition Rights (Fixed Exercise Price)

Representative Director Tokushige Toru (徳重徹) exercised all of the Series 25 Stock Acquisition Rights and paid ¥19.5 million to acquire 1,300 shares of the Company's stock.

Worth reading
52Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
1300
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Report on the exercise of fixed exercise price stock acquisition rights

Who receives how much

1,300 shares (13 stock acquisition rights)

Tokushige Toru (徳重徹) (Representative Director) — 1 person, equivalent to 1,300 shares (13 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: ¥19,500,000; estimated net proceeds: Not disclosed

Terms of the stock acquisition rights
Exercise price
¥15,000 (fixed); adjustment clause: none
Number of Stock Acquisition Rights
Total exercised: 13; unexercised balance: Not disclosed
Offering structure
Underwriter / lead underwriter
Mizuho Securities (listed as a previous allottee)
Categories and Number of Persons Covered
1 representative director, equivalent to 1,300 shares (13 stock acquisition rights)
Intended allottee's holding policy
Intention to hold the shares for the long term
Most recent equity financing
6 July 2026: issuance of Series 25 Stock Acquisition Rights, amount: Not disclosed; 15 June 2026 disclosure: Stage 3 in the supplementary explanatory materials concerning the financing, Series 20 Stock Acquisition Rights (adjustable exercise price), amount: Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalReport on the exercise of fixed exercise price stock acquisition rights
Number of shares to be issued or disposed of1,300 shares (13 stock acquisition rights)
Amount of funds to be raisedTotal amount paid in: ¥19,500,000; estimated net proceeds: Not disclosed
Intended allotteeTokushige Toru (徳重徹) (Representative Director) — 1 person, equivalent to 1,300 shares (13 stock acquisition rights)
Intended allottee's holding policyIntention to hold the shares for the long term
Exercise price¥15,000 (fixed); adjustment clause: none
Number of Stock Acquisition RightsTotal exercised: 13; unexercised balance: Not disclosed
Categories and Number of Persons Covered1 representative director, equivalent to 1,300 shares (13 stock acquisition rights)
Underwriter / lead underwriterMizuho Securities (listed as a previous allottee)
Most recent equity financing6 July 2026: issuance of Series 25 Stock Acquisition Rights, amount: Not disclosed; 15 June 2026 disclosure: Stage 3 in the supplementary explanatory materials concerning the financing, Series 20 Stock Acquisition Rights (adjustable exercise price), amount: Not disclosed
Items this document does not state (18)
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 considerationTotal Stock-Based CompensationOverallotmentStock 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.

The Series 25 Stock Acquisition Rights correspond to Stage 3 in the supplementary explanatory materials concerning the financing and were exercised following completion of the exercise of the Stage 3 Series 20 Stock Acquisition Rights allocated to Mizuho Securities. The Company has confirmed Tokushige Toru's (徳重徹) intention to hold the shares for the long term.

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 Concerning the Exercise of the 25th Series of Stock Acquisition Rights (Fixed Exercise Price) | Terra Drone Corporation (278A) timely disclosure | Komori