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Share Issuance and Disposal4883Modalis Therapeutics CorporationPharmaceuticals

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

In October 2026, 23,200 of the 19th Series Stock Acquisition Rights were exercised, and 2,320,000 new shares were delivered. The balance of unexercised rights decreased from 67,000 at the end of the previous month to 43,800 at month-end.

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2320000
Shares
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Details of issuance or disposal

Monthly exercise report for the 19th Series Stock Acquisition Rights issued through a third-party allotment, with an exercise price adjustment clause

Who receives how much

Shares delivered during the month: 2,320,000 shares (2,320,000 new shares; 0 transferred treasury shares)

EVO FUND (allottee of the Series 19 stock acquisition rights)

The lower thin line represents the existing number of shares to which these shares will be added.

発行済株式総数

Exercise ratio subject to the exercise limit: 2.4% (2,320,000 shares delivered / 96,334,098 listed shares outstanding as of the issue and payment date)

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
Exercise price during the target month: ¥28.0–¥32.0. Details of the exercise price adjustment clause: Not disclosed
Number of Stock Acquisition Rights
Total issued: 240,000 rights; exercised during the target month: 23,200 rights; unexercised at the end of the preceding month: 67,000 rights; unexercised at the end of the target month: 43,800 rights
Procedures under the Corporate Code of Conduct
Reported compliance with the exercise restrictions under Article 434 of the Listing Regulations
Most recent equity financing
12 June 2026: Issuance of the 19th Series Stock Acquisition Rights (with exercise price adjustment clause), with EVO FUND as the allottee (total number issued: 240,000 rights)
Details of issuance or disposal
ItemDetails
Type of issuance or disposalMonthly exercise report for the 19th Series Stock Acquisition Rights issued through a third-party allotment, with an exercise price adjustment clause
Number of shares to be issued or disposed ofShares delivered during the month: 2,320,000 shares (2,320,000 new shares; 0 transferred treasury shares)
Intended allotteeEVO FUND (allottee of the Series 19 stock acquisition rights)
Dilution RateExercise ratio subject to the exercise limit: 2.4% (2,320,000 shares delivered / 96,334,098 listed shares outstanding as of the issue and payment date)
Total number of issued sharesAs of the end of the month preceding the target month: 113,634,098 shares (including 64 treasury shares) → Not disclosed
Exercise priceExercise price during the target month: ¥28.0–¥32.0. Details of the exercise price adjustment clause: Not disclosed
Number of Stock Acquisition RightsTotal issued: 240,000 rights; exercised during the target month: 23,200 rights; unexercised at the end of the preceding month: 67,000 rights; unexercised at the end of the target month: 43,800 rights
Procedures under the Corporate Code of ConductReported compliance with the exercise restrictions under Article 434 of the Listing Regulations
Most recent equity financing12 June 2026: Issuance of the 19th Series Stock Acquisition Rights (with exercise price adjustment clause), with EVO FUND as the allottee (total number issued: 240,000 rights)
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.

To report the monthly exercise status. No other reason is stated in the disclosure.

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 Monthly Exercise Status of the 19th Series of Stock Acquisition Rights Issued Through a Third-Party Allotment (with Exercise Price Adjustment Clause) | Modalis Therapeutics Corporation (4883) timely disclosure | Komori