Details of issuance or disposal
Issuance of new shares and the 24th Series of Stock Acquisition Rights through a third-party allotment
700,000 new shares. The 24th Series of Stock Acquisition Rights comprises 8,000 rights, with each right entitling the holder to receive 100 common shares, for a total of 800,000 potential shares.
The lower thin line represents the existing number of shares to which these shares will be added.
New shares: ¥186,900,000. Stock Acquisition Rights: ¥2,104,000
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.
| Item | Details |
|---|---|
| Type of issuance or disposal | Issuance of new shares and the 24th Series of Stock Acquisition Rights through a third-party allotment |
| Number of shares to be issued or disposed of | 700,000 new shares. The 24th Series of Stock Acquisition Rights comprises 8,000 rights, with each right entitling the holder to receive 100 common shares, for a total of 800,000 potential shares. |
| Issue price and disposal price | New shares: ¥267 per share. Stock Acquisition Rights: ¥263 per right |
| Total issue value | New shares: ¥186,900,000. Stock Acquisition Rights: ¥2,104,000 |
| Amount of funds to be raised | New shares: ¥186,900,000. 24th Series of Stock Acquisition Rights: ¥238,904,000 (the total amount payable upon the full exercise of the rights at the initial exercise price, including the aggregate issue price) |
| Payment date | New shares: 7 May 2026 to 13 May 2026. Stock Acquisition Rights: 13 May 2026 (allotment date and payment completion date) |
| Intended allottee | DeFi Development Corp: 700,000 new shares and 8,000 24th Series of Stock Acquisition Rights |
| Total number of issued shares | 15,899,482 shares → 16,599,482 shares |
| Exercise price | Initial exercise price: ¥296. Subject to an adjustment clause based on a resolution of the Board of Directors. The lower limit after adjustment is ¥148 |
| Exercise period | 13 May 2026 to 8 May 2028 |
| Number of Stock Acquisition Rights | Total number issued: 8,000 rights. Outstanding unexercised rights: Not disclosed |
Items this document does not state (17)
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.Payment by DeFi Development Corp of the issue price for the new shares and the 24th Series of Stock Acquisition Rights issued through a third-party allotment based on a resolution of the Board of Directors adopted on 21 April 2026 has been completed.