Fundraising through Stock Acquisition Rights with Exercise Price Adjustment and Exercise Approval Clauses
First written in FY2021-Q3. 2 of 5 entries say "Advanced", first in FY2021. Latest entry: FY2022-Q3.
24 other companies' latest entry also says "Achieved".
- FY2022-Q3AchievedAnnual report
「Number of the relevant stock acquisition rights with provisions for adjustment of the exercise price exercised during the quarter (units) 5,294 Number of shares delivered upon exercise during the quarter (shares) 529,400 Financing amount from exercise during the quarter (¥ million) 1,111 Cumulative number of the relevant stock acquisition rights with provisions for adjustment of the exercise price exercised as of the quarter-end (units) 20,000 Cumulative number of shares delivered in connection with the relevant stock acquisition rights with provisions for adjustment of the exercise price as of the quarter-end (shares) 2,000,000 Cumulative financing amount from the relevant stock acquisition rights with provisions for adjustment of the exercise price as of the quarter-end (¥ million) 4,101」
For the First Series of Stock Acquisition Rights, the cumulative number exercised reached 20,000 and the cumulative number of shares delivered reached 2,000,000, meaning that all issued stock acquisition rights had been exercised. The cumulative financing amount was ¥4,101 million. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter consolidated period, capital and capital surplus each increased by ¥758 million as a result of payments received upon the exercise of stock acquisition rights with provisions for adjustment of the exercise price and exercise approval.」
The capital raised through the exercise of stock acquisition rights and the ¥758 million increases in capital and capital surplus, respectively, have been reconfirmed. No explicit milestone, such as a new number of rights exercised, has been reported since the previous update. - FY2022-Q1AdvancedAnnual report
「Number of the relevant stock acquisition rights with provisions for adjustment of the exercise price exercised during the quarter (units) 7,706 Number of shares delivered upon exercise during the quarter (shares) 770,600 Financing amount from exercise during the quarter (¥ million) 1,514 Cumulative number of the relevant stock acquisition rights with provisions for adjustment of the exercise price exercised as of the quarter-end (units) 14,706 Cumulative number of shares delivered in connection with the relevant stock acquisition rights with provisions for adjustment of the exercise price as of the quarter-end (shares) 1,470,600 Cumulative financing amount from the relevant stock acquisition rights with provisions for adjustment of the exercise price as of the quarter-end (¥ million) 2,990」
During the current first quarter accounting period, 7,706 stock acquisition rights were exercised, 770,600 shares were issued and ¥1,514 million was raised. Cumulatively, the figures reached 14,706 rights, 1,470,600 shares and ¥2,990 million, respectively. - FY2021AdvancedAnnual report
「With respect to the stock acquisition rights with provisions for adjustment of the exercise price and exercise approval issued by the Company on 30 November 2020, the rights were exercised as follows between the end of the fiscal year and 31 May 2021: (2) Number of stock acquisition rights exercised: 7,706 (3) Class and number of shares issued: Common shares, 770,600 (4) Increase in capital: ¥758 million (5) Increase in capital surplus: ¥758 million」
The exercise of the stock acquisition rights progressed from 7,000 rights and ¥1,475 million in financing at the end of FY2021 to the issuance of 770,600 shares upon the exercise of 7,706 rights by 31 May 2021. - FY2021-Q3First statedAnnual report
「First Series of Stock Acquisition Rights (with provisions for adjustment of the exercise price and exercise approval) (issued on 30 November 2020) Number of stock acquisition rights (units)* 20,000 (100 shares per stock acquisition right) Class, content and number of shares underlying the stock acquisition rights (shares)* Common shares: 2,000,000 (Note 3) Initial exercise price 1,606 Exercise period for the stock acquisition rights* 1 December 2020–30 November 2022」
The First Series of Stock Acquisition Rights was issued on 30 November 2020. The number of underlying shares was 2,000,000, equivalent to 18.86% of the total number of shares issued as of 30 September 2020. The exercise price was subject to adjustment based on 93% of the share price, with a minimum exercise price of ¥1,285, a minimum financing amount of ¥2,574,620,000 if all rights were exercised, and total issue proceeds of ¥3,216,620,000. The structure was subject to the Company’s exercise approval. By the filing date, 7,000 rights had been exercised, increasing the number of common shares by 700,000, capital by ¥738 million and capital surplus by ¥738 million.