Financing Through Stock Acquisition Rights with Adjustment Clauses for the Exercise Price
First written in FY2021. 3 of 5 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2022.
4 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「All 10,000 Series 1 Stock Acquisition Rights issued by the Company on 12 February 2021 through a third-party allotment using treasury shares, with provisions for adjustment of the exercise price and approval of exercise, had been exercised by 28 January 2022.」
All 10,000 Series 1 Stock Acquisition Rights had been exercised by 28 January 2022, resulting in the cumulative delivery of 1,000,000 shares and ¥2,070 million in funds raised. - FY2022-Q3AdvancedAnnual report
「During the third quarter accounting period, stock acquisition rights related to bonds with stock acquisition rights subject to provisions for adjustment of the exercise price were exercised as follows. (Series 1 Stock Acquisition Rights) / Number of such bonds with stock acquisition rights exercised during the quarter (rights): 2,500 / Number of shares delivered upon exercise during the quarter (shares): 250,000 / Funds raised through exercises during the quarter (¥ millions): 509 / Cumulative number of such bonds with stock acquisition rights exercised as of the end of the quarter (rights): 7,500 / Cumulative number of shares delivered upon exercise of such bonds with stock acquisition rights as of the end of the quarter (shares): 750,000 / Cumulative funds raised through exercises of such bonds with stock acquisition rights as of the end of the quarter (¥ millions): 1,562」
During the quarter, 2,500 Series 1 Stock Acquisition Rights were exercised, resulting in the delivery of 250,000 shares and ¥509 million in funds raised. Cumulative totals were 7,500 rights, 750,000 shares and ¥1,562 million. - FY2022-Q2AdvancedAnnual report
「During the second quarter accounting period, stock acquisition rights related to bonds with stock acquisition rights subject to provisions for adjustment of the exercise price were exercised as follows. (Series 1 Stock Acquisition Rights) / Number of such bonds with stock acquisition rights exercised during the period (rights): 2,500 / Number of shares delivered upon exercise during the period (shares): 250,000 / Funds raised through exercises during the period (¥ millions): 514 / Cumulative number of such bonds with stock acquisition rights exercised as of the end of the period (rights): 5,000 / Cumulative number of shares delivered upon exercise of such bonds with stock acquisition rights as of the end of the period (shares): 500,000 / Cumulative funds raised through exercises of such bonds with stock acquisition rights as of the end of the period (¥ millions): 1,053」
During the quarter, 2,500 Series 1 Stock Acquisition Rights were exercised, resulting in the delivery of 250,000 shares and ¥514 million in funds raised. Cumulative totals were 5,000 rights, 500,000 shares and ¥1,053 million, indicating increased exercise and fundraising from the previous quarter. - FY2022-Q1AdvancedAnnual report
「During the first quarter accounting period, stock acquisition rights related to bonds with stock acquisition rights subject to provisions for adjustment of the exercise price were exercised as follows. (Series 1 Stock Acquisition Rights) / Number of such bonds with stock acquisition rights exercised during the period (rights): 1,919 / Number of shares delivered upon exercise during the period (shares): 191,900 / Funds raised through exercises during the period (¥ millions): 408 / Cumulative number of such bonds with stock acquisition rights exercised as of the end of the period (rights): 2,500 / Cumulative number of shares delivered upon exercise of such bonds with stock acquisition rights as of the end of the period (shares): 250,000 / Cumulative funds raised through exercises of such bonds with stock acquisition rights as of the end of the period (¥ millions): 538」
During the quarter, 1,919 Series 1 Stock Acquisition Rights were exercised, resulting in the delivery of 191,900 shares and ¥408 million in funds raised. Cumulative totals were 2,500 rights, 250,000 shares and ¥538 million. - FY2021First statedAnnual report
「At a meeting of the Board of Directors held on 26 January 2021, the Company resolved to issue 10,000 Series 1 Stock Acquisition Rights through a third-party allotment using treasury shares, with provisions for adjustment of the exercise price and approval of exercise (the “Stock Acquisition Rights”). Payment in full of the issue price of the Stock Acquisition Rights was completed on 12 February 2021.」
The Company issued 10,000 stock acquisition rights through a third-party allotment using treasury shares, representing 1 million underlying shares and exercisable from 15 February 2021 to 14 February 2023, of which 581 rights, representing 58,100 shares, were exercised during the fiscal year.