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Share Issuance and Disposal4883Modalis Therapeutics CorporationPharmaceuticals

Notice Concerning the Bulk Exercise and Monthly Exercise Status of the 19th Stock Acquisition Rights Issued Through a Third-Party Allotment (with an Exercise Price Adjustment Clause)

Of the 19th stock acquisition rights allotted to EVO FUND, rights equivalent to 7,170,000 shares were exercised in September 2026, leaving 67,000 units (6,700,000 shares) unexercised at month-end. An additional 2,670,000 shares were exercised between 11 September and 30 September.

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Details of issuance or disposal

Exercise status of the 19th Stock Acquisition Rights issued through third-party allotment (with Exercise Price Adjustment Clause)

発行・処分する株式数

New shares: 7,170,000 shares (September 2026 monthly total), including 2,670,000 shares from 11 September to 30 September. Transferred treasury shares: 0 shares

Intended allottee
EVO FUND (allottee of the stock acquisition rights)
Existing Shares and Increase
+7.40%Rate of increase
106,464,098 shares113,634,098Shares

Exercise ratio subject to exercise restrictions: 7.4% (7,170,000 shares delivered across all series / 96,334,098 listed shares outstanding at the time of payment for the issuance)

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
The exercise price in September 2026 was ¥31.0–¥43.0. Details of the adjustment clause and the floor were Not disclosed
Number of Stock Acquisition Rights
Total issued: 240,000 units. Exercised during the month: 71,700 units. Currently unexercised balance: 67,000 units (6,700,000 shares)
Procedures under the Corporate Code of Conduct
Reports compliance with the exercise restrictions under Article 434 of the Securities Listing Regulations. The exercise ratio subject to the exercise restrictions was 7.4%
Most recent equity financing
12 June 2026: Issuance of the 19th stock acquisition rights (with exercise price adjustment clause), with EVO FUND as the allottee. Amount: Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalExercise status of the 19th Stock Acquisition Rights issued through third-party allotment (with Exercise Price Adjustment Clause)
Number of shares to be issued or disposed ofNew shares: 7,170,000 shares (September 2026 monthly total), including 2,670,000 shares from 11 September to 30 September. Transferred treasury shares: 0 shares
Intended allotteeEVO FUND (allottee of the stock acquisition rights)
Dilution RateExercise ratio subject to exercise restrictions: 7.4% (7,170,000 shares delivered across all series / 96,334,098 listed shares outstanding at the time of payment for the issuance)
Total number of issued shares106,464,098 shares (at the end of the month preceding the subject month) → 113,634,098 shares (calculated figure as of month-end)
Exercise priceThe exercise price in September 2026 was ¥31.0–¥43.0. Details of the adjustment clause and the floor were Not disclosed
Number of Stock Acquisition RightsTotal issued: 240,000 units. Exercised during the month: 71,700 units. Currently unexercised balance: 67,000 units (6,700,000 shares)
Procedures under the Corporate Code of ConductReports compliance with the exercise restrictions under Article 434 of the Securities Listing Regulations. The exercise ratio subject to the exercise restrictions was 7.4%
Most recent equity financing12 June 2026: Issuance of the 19th stock acquisition rights (with exercise price adjustment clause), with EVO FUND as the allottee. Amount: Not disclosed
Items this document does not state (19)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyBasis 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 RatioMajor 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 company states that it is reporting the large-scale exercise of the 19th stock acquisition rights and their monthly exercise status for September 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 Concerning the Bulk Exercise and Monthly Exercise Status of the 19th Stock Acquisition Rights Issued Through a Third-Party Allotment (with an Exercise Price Adjustment Clause) | Modalis Therapeutics Corporation (4883) timely disclosure | Komori