Details of issuance or disposal
Delivery of common shares upon the exercise of rights to request acquisition of Class B shares in exchange for common shares
New shares 800,197 shares / Class B shares to be acquired and cancelled 729 shares
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 | Delivery of common shares upon the exercise of rights to request acquisition of Class B shares in exchange for common shares |
| Number of shares to be issued or disposed of | New shares 800,197 shares / Class B shares to be acquired and cancelled 729 shares |
| Intended allottee | Japan Industrial Solutions Fund III, L.P. |
| Total number of issued shares | 26,688,516 shares (common shares) → 27,488,713 shares (common shares) |
| Most recent equity financing | Issuance of class shares through a private placement and issuance of common shares through a private placement dated 10 October 2023 (this document does not provide details of the amount or number of shares), Completion of payment for the issuance of class shares through a private placement dated 27 December 2023 (this document does not provide details of the amount or number of shares) |
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.Because Japan Industrial Solutions Fund III, L.P., the holder of the Class B shares, exercised its right to request the acquisition of part of its Class B shares in exchange for common shares.