Komori
Share Issuance and Disposal8105Bitcoin Japan CorporationTrading & Wholesale

Notice Regarding the Bulk Conversion of the First Series Unsecured Convertible Bonds with Stock Acquisition Rights Issued through a Third-Party Allotment (with a Conversion Price Adjustment Clause)

Between 4 August and 18 August 2026, ¥187.5 million of the convertible bonds with a conversion price adjustment clause issued to EVO FUND were converted into shares, and 2,055,957 new shares were delivered. The outstanding balance of unconverted bonds decreased from ¥1.5 billion to ¥1.3125 billion.

Worth reading
60In focus
Scored from 3 of 5 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
2055957
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Conversion of the First Series Unsecured Convertible Bonds with Stock Acquisition Rights issued through a third-party allotment (with a conversion price adjustment clause)

発行・処分する株式数

2,055,957 new shares (transferred treasury shares: 0)

Intended allottee
EVO FUND (holder converting the previously issued CBs)
Terms of the stock acquisition rights
Exercise price
Conversion price of ¥91 or ¥92. The bonds have a conversion price adjustment clause, but the lower limit of the adjustment was not disclosed.
Most recent equity financing
Timing 3 August 2026 / Type First Series Unsecured Convertible Bonds with Stock Acquisition Rights (with a conversion price adjustment clause) allotted to EVO FUND / Amount ¥1.5 billion
Details of issuance or disposal
ItemDetails
Type of issuance or disposalConversion of the First Series Unsecured Convertible Bonds with Stock Acquisition Rights issued through a third-party allotment (with a conversion price adjustment clause)
Number of shares to be issued or disposed of2,055,957 new shares (transferred treasury shares: 0)
Intended allotteeEVO FUND (holder converting the previously issued CBs)
Total number of issued shares73,690,348 shares (as of the end of the month preceding the target month) → Not disclosed
Exercise priceConversion price of ¥91 or ¥92. The bonds have a conversion price adjustment clause, but the lower limit of the adjustment was not disclosed.
Most recent equity financingTiming 3 August 2026 / Type First Series Unsecured Convertible Bonds with Stock Acquisition Rights (with a conversion price adjustment clause) allotted to EVO FUND / Amount ¥1.5 billion
Items this document does not state (22)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyDilution RateBasis for determining the amount to be paidExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor 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.

No reason given by the company.

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 Bulk Conversion of the First Series Unsecured Convertible Bonds with Stock Acquisition Rights Issued through a Third-Party Allotment (with a Conversion Price Adjustment Clause) | Bitcoin Japan Corporation (8105) timely disclosure | Komori