Microwave Chemical Co., Ltd.
Notice of Approval for Exercise of the 8th Stock Acquisition Rights (with Exercise Price Adjustment Clause) Under Facility Agreement
Approval of exercise for the stock acquisition rights (with exercise price adjustment clause) granted to SMBC Nikko Securities. Exercise period from 2026/9/17 to 2027/9/13, number of stock acquisition rights approved for exercise: 16,420 units. Each unit converts to 100 shares; if the adjusted exercise price would fall below the lower bound, the lower bound exercise price applies.
Key Figures
- Number of stock acquisition rights approved for exercise: 16,420 units
- Shares per unit: 100 shares
- Exercise period: September 17, 2026 – September 13, 2027 (240 trading days)
AI要約
Background and Overview
This notice communicates that Micro Wave Chemistry Corporation issued the 8th stock acquisition rights (with exercise price adjustment clause) and has notified SMBC Nikko Securities Inc. of exercise approval. Upon exercise, ordinary shares issued are 100 shares per stock acquisition right, and the exercise price will be the adjusted amount; if the adjusted price would fall below the lower bound, the lower bound exercise price applies. The exercise period is 240 trading days from 2026/9/17 to 2027/9/13.
Impact and Outlook
Approval of exercise may affect future capital dynamics, but the notice does not specify any delusion or direct impact on capital policy. Because there are clauses allowing cancellation within the exercise period, actual exercise status is uncertain. Further disclosures are awaited.
Micro Wave Chemistry Corporation
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