Details of issuance or disposal
15th Series Stock Acquisition Rights and 17th Series Stock Acquisition Rights, both issued by third-party allotment with exercise price adjustment provisions
| Item | Details |
|---|---|
| Type of issuance or disposal | 15th Series Stock Acquisition Rights and 17th Series Stock Acquisition Rights, both issued by third-party allotment with exercise price adjustment provisions |
| Specific use of funds | Details Clinical development expenses for RBM-007 for age-related macular degeneration and achondroplasia, including drug synthesis costs for clinical development / Amount ¥3,239 million (¥3,066 million allocated as of the end of February 2026) / Scheduled timing of expenditures January 2020 to April 2026, Details Nonclinical study expenses for RBM-003 for heart failure / Amount ¥40 million (¥40 million allocated) / Scheduled timing of expenditures January 2020 to December 2023, Details Nonclinical study expenses for RBM-010 for osteoarthritis / Amount ¥80 million (¥80 million allocated) / Scheduled timing of expenditures January 2020 to December 2023, Details New technology development expenses, including formulation technology development and licensing / Amount ¥95 million (¥95 million allocated) / Scheduled timing of expenditures August 2020 to March 2024, Details Exploratory research expenses focused on aptamers for drug delivery systems / Amount ¥152 million (¥119 million allocated as of the end of February 2026) / Scheduled timing of expenditures June 2025 to March 2027, Details Working capital / Amount ¥1,880 million (¥1,530 million allocated as of the end of February 2026) / Scheduled timing of expenditures January 2020 to March 2027, Details Research and development expenses for RBM-006, an aptamer drug against an anti-autotaxin aptamer drug / Amount ¥650 million (¥166 million allocated as of the end of February 2026) / Scheduled timing of expenditures April 2024 to March 2027, Details Working capital / Amount ¥44 million (- allocated as of the end of February 2026) / Scheduled timing of expenditures April 2025 to March 2027 |
| Exercise price | The rights are stated to include an exercise price adjustment provision, but the initial exercise price and adjustment floor are Not disclosed |
| Most recent equity financing | Timing 10 January 2020 / Type 15th Series Stock Acquisition Rights issued by third-party allotment with exercise price adjustment provisions / Amount Not disclosed, Timing 20 February 2024 / Type 17th Series Stock Acquisition Rights issued by third-party allotment with exercise price adjustment provisions / Amount Not disclosed |
| Impact on Business Performance | This transaction will have no impact on results for the fiscal year ending March 2026. |
Items this document does not state (23)
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.For the 15th Series Stock Acquisition Rights, the remaining funds will be allocated to a long-term administration study included in the Phase 2 clinical trial for achondroplasia. For the 17th Series Stock Acquisition Rights, the company plans to transition to CMC development and toxicity studies in anticipation of future clinical trials, based on its research findings, and made the change after considering the progress of the overall development program.