Microwave Chemical Co., Ltd.
Notice Regarding the Issuance of the 8th series of stock acquisition rights by third-party allocation (exercise price adjustment clause) and the Conclusion of a Facility Agreement (with exercise authorization clause)
Announcement of a third-party allocation issuance of stock acquisition rights and a facility agreement for funding. Allottee is SMBC Nikko Securities; total number of stock acquisition rights issued is 16,420 with an exercise price adjustment clause; exercise period about 3 years. Use of funds includes equipment investment for the low-concentration precious metals recovery business.
Key Figures
- Total funds raised: 1,612,509,680 円（approximate net proceeds）
- Paid-in amount for stock acquisition rights: 4,991,680 円
- Number of shares issued: 1,642,000 株
AI要約
Overview of the funding
Announces funding through third-party allocation of stock acquisition rights. Allottee is SMBC Nikko Securities; rights issued with exercise price adjustment clause total 16,420 units (aggregate approx. 4,991,680 yen), with potential dilution of 1,642,000 shares. Post-allocation, the funding aims to strengthen financial footing and promote growth investment.
Use of funds and financial strategy
Funds will be allocated to equipment investments for the low-concentration precious metals recovery business, creation of new businesses, and working capital. Specifically, projects include equipment investments at the Osaka base for low-concentration precious metals recovery (around 300–150 million yen range), new business creation (around 500 million yen), and operations (around 803 million yen). Depending on exercise status, reallocation of use of funds may occur.
Micro Wave Chemistry Co., Ltd.
Company overview · Stock price · Financial data · All IR
