Financing Through Stock Acquisition Rights with a Variable Exercise Price
First written in FY2022-Q1. 2 of 4 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022.
0 other companies' latest entry also says "Other".
- FY2022Acquiring and cancelling the remaining portion after fundraising progressesAnnual report
「During the period, 1,483 subscription rights with exercise-price adjustment provisions were exercised, resulting in the delivery of 148,300 shares and ¥272.017 million in funding. Cumulative shares delivered totaled 650,700, and cumulative funding totaled ¥1,183.848 million.」
After funding through the 4th Series Subscription Rights reached a cumulative ¥1,183.848 million, the remaining subscription rights were acquired and cancelled on 31 January 2022. - FY2022-Q3AdvancedAnnual report
「During the third quarter accounting period, the share acquisition rights associated with bonds with share acquisition rights subject to adjustment clauses for the exercise price and other instruments were exercised as follows. For the Series 4 share acquisition rights, 3,873 units of the relevant instruments were exercised during the quarter, resulting in 387,300 shares delivered and ¥733,959 thousand in funds raised. Cumulatively, 502,400 shares have been delivered and ¥911,830 thousand has been raised.」
Exercise of the Fourth Series Stock Acquisition Rights progressed, raising ¥733,959 thousand during the quarter and ¥911,830 thousand cumulatively. - FY2022-Q2AdvancedAnnual report
「During the second quarter accounting period, the share acquisition rights associated with bonds with share acquisition rights subject to adjustment clauses for the exercise price and other instruments were exercised as follows. For the Series 4 share acquisition rights, 544 units of the relevant instruments were exercised during the quarter, resulting in 54,400 shares delivered and ¥81,546 thousand in funds raised. Cumulatively, 115,100 shares have been delivered and ¥177,871 thousand has been raised.」
Exercise of the Fourth Series Stock Acquisition Rights progressed, raising ¥81,546 thousand on 54,400 shares during the quarter and ¥177,871 thousand on 115,100 shares cumulatively. - FY2022-Q1First statedAnnual report
「Fourth Series Stock Acquisition Rights with Exercise Price Adjustment Clause (issued 6 April 2021) Exercise period for the stock acquisition rights※ 7 April 2021 to 28 April 2023 The total number of shares underlying these stock acquisition rights is fixed at 880,000 shares of the company's common stock, and the number of allocated shares is fixed at 100. This number will not change even if the exercise price is adjusted due to an increase or decrease in the share price. Minimum amount of funds to be raised if all of these stock acquisition rights are exercised (amount raised if all stock acquisition rights are exercised at the minimum exercise price): ¥1,202,810,400」
The company issued the Fourth Series Stock Acquisition Rights and established a fundraising facility from 7 April 2021 to 28 April 2023, with the exercise price adjusted in line with the share price. The minimum amount to be raised upon full exercise is approximately ¥1.2 billion, and the number of underlying shares is 880,000.