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Occurring Fact8946ASIAN STAR CO.Real Estate

Notice Concerning the Issuance of New Shares and the 10th Stock Acquisition Rights through a Third-Party Allotment and the Change in Major Shareholders

The Company resolved to raise funds by allotting 3,000,000 common shares to Hash Global Alpha and 29,200 of the 10th Stock Acquisition Rights to Cyber.J Alpha and Sterling Oak Investment. As a result, Hash Global Alpha is expected to become a new major shareholder.

Worth reading
48Recurring
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
438985200
Yen (total subscription price, assuming all Stock Acquisition Rights are exercised)
Wording
Conditional
How definitive the wording is.

Issuance of New Shares and the 10th Stock Acquisition Rights Through a Third-Party Allotment and Change in Major Shareholders

Subject Entity

株式会社ASIAN STAR (the filing company)

Target Locations / Products

ASIAN STAR (Hong Kong) Limited, Hash Global Build And Build Company Ltd., and the real estate RWA-related business

Occurrence26 June 2026 (the date on which the Board of Directors resolved to issue them)
This disclosure06/26/2026
Cause

To raise funds required for preliminary investment to implement the real estate RWA-related business plan and for the development of RWA infrastructure

Change in voting rights ownership ratio

Shareholders Covered0.00%→11.23%(+11.23pt)

The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.

Voting rights ownership percentage before the change

0 voting rights (0 shares), 0.00% (as of 31 December 2025)

Voting rights ownership percentage after the change

30,000 voting rights (3,000,000 shares), 11.23% (calculated by adding the shares covered by this issuance to the 237,219 total voting rights as of 31 December 2025)

Impact on Earnings Forecast

The impact on consolidated results for the fiscal year ending December 2026 will be immaterial.

Company response

Investigation structure

株式会社赤坂国際会計 was appointed as the third-party valuation institution, and a report dated 20 April 2026 was received from リスクプロ株式会社 regarding its investigation into whether parties associated with the prospective allottees have ties to antisocial forces

Outlook

Payment and allotment are scheduled for 21 July 2026. The funds raised will be allocated to investments and loans to ASIAN STAR's Hong Kong operations, preliminary research into real estate RWAs, and the development of RWA infrastructure, with the aim of enhancing corporate value and maximizing shareholder value over the medium to long term.

Event that occurred
ItemDetails
Event nameIssuance of New Shares and the 10th Stock Acquisition Rights Through a Third-Party Allotment and Change in Major Shareholders
Date of occurrence26 June 2026 (the date on which the Board of Directors resolved to issue them)
Subject Entity株式会社ASIAN STAR (the filing company)
Target Locations / ProductsASIAN STAR (Hong Kong) Limited, Hash Global Build And Build Company Ltd., and the real estate RWA-related business
CauseTo raise funds required for preliminary investment to implement the real estate RWA-related business plan and for the development of RWA infrastructure
Impact on Earnings ForecastThe impact on consolidated results for the fiscal year ending December 2026 will be immaterial.
Investigation structure株式会社赤坂国際会計 was appointed as the third-party valuation institution, and a report dated 20 April 2026 was received from リスクプロ株式会社 regarding its investigation into whether parties associated with the prospective allottees have ties to antisocial forces
Voting rights ownership percentage before the change0 voting rights (0 shares), 0.00% (as of 31 December 2025)
Voting rights ownership percentage after the change30,000 voting rights (3,000,000 shares), 11.23% (calculated by adding the shares covered by this issuance to the 237,219 total voting rights as of 31 December 2025)
OutlookPayment and allotment are scheduled for 21 July 2026. The funds raised will be allocated to investments and loans to ASIAN STAR's Hong Kong operations, preliminary research into real estate RWAs, and the development of RWA infrastructure, with the aim of enhancing corporate value and maximizing shareholder value over the medium to long term.
Items this document does not state (15)
Date recognized / date notice receivedAmount of Impact on Business PerformanceAccounting period in which recognizedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateMeasures to prevent recurrenceDirectors' and officers' liabilityPlanned follow-up disclosure

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.

To raise funds required for growth investments, including preliminary research into the real estate RWA-related business, investments in Web3- and RWA-related companies, and the development of proprietary infrastructure connecting RWAs with on-chain finance.

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 Concerning the Issuance of New Shares and the 10th Stock Acquisition Rights through a Third-Party Allotment and the Change in Major Shareholders | ASIAN STAR CO. (8946) timely disclosure | Komori