Application by a shareholder for a provisional disposition order to enjoin a third-party allotment
unbanked inc.
1,621,700 new shares and 118,919 stock acquisition rights issued through a third-party allotment
According to the applying shareholder, the Company's current management is conducting this third-party allotment to prevent the passage of a resolution to remove directors at an extraordinary general meeting of shareholders, and the issuance therefore constitutes an “issuance by a materially unfair method.” The Company believes that the third-party allotment is lawful and that the application has no merit.
Related procedures
Application for a provisional disposition to enjoin the issuance of shares for subscription and stock acquisition rights
Tokyo District Court
Ａｋａｔｓｕｋｉ Ｃａｐｉｔａｌ Ｗｏｒｋｓ株式会社
Not disclosed
The Company will assert the validity of its position in the proceedings concerning the application for a provisional disposition. There is no change to the schedule for the third-party allotment. The payment date for the new shares and the allotment date for the stock acquisition rights are 14 April 2026.
| Item | Details |
|---|---|
| Event name | Application by a shareholder for a provisional disposition order to enjoin a third-party allotment |
| Date of occurrence | 30 March 2026 (the date on which Ａｋａｔｓｕｋｉ Ｃａｐｉｔａｌ Ｗｏｒｋｓ株式会社 filed the application) |
| Date recognized / date notice received | 31 March 2026 (the date on which the Company received the “Application for a Provisional Disposition Order to Enjoin the Issuance of Shares for Subscription and Stock Acquisition Rights”) |
| Subject Entity | unbanked inc. |
| Target Locations / Products | 1,621,700 new shares and 118,919 stock acquisition rights issued through a third-party allotment |
| Cause | According to the applying shareholder, the Company's current management is conducting this third-party allotment to prevent the passage of a resolution to remove directors at an extraordinary general meeting of shareholders, and the issuance therefore constitutes an “issuance by a materially unfair method.” The Company believes that the third-party allotment is lawful and that the application has no merit. |
| Type of litigation or proceeding | Application for a provisional disposition to enjoin the issuance of shares for subscription and stock acquisition rights |
| Court or authority | Tokyo District Court |
| Plaintiff | Ａｋａｔｓｕｋｉ Ｃａｐｉｔａｌ Ｗｏｒｋｓ株式会社 |
| Date of filing / date of action | 30 March 2026 (the date of the application for a provisional disposition) |
| Outlook | The Company will assert the validity of its position in the proceedings concerning the application for a provisional disposition. There is no change to the schedule for the third-party allotment. The payment date for the new shares and the allotment date for the stock acquisition rights are 14 April 2026. |
Items this document does not state (14)
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.The applying shareholder claims that this third-party allotment is being conducted for the purpose of preventing the passage of a resolution to remove directors at an extraordinary general meeting of shareholders and constitutes an “issuance by a materially unfair method.” The Company believes that the third-party allotment is lawful and that the application has no merit.