Notice Regarding Issuance of New Shares by Third-Party Allotment and Issuance of the 13th to 15th Stock Acquisition Rights, Issuance of the 1st Unsecured Ordinary Bonds (Private Placement), Conclusion of Purchase Agreement, Partial Amendment to the Articles of Incorporation, and Acquisition and Cancellation of the 11th and 12th Stock Acquisition Rights

Overview

AltPlus Holdings Inc. resolved to conduct a third-party allotment to G-IT for 23,000,000 new shares, raising a total of 69 million yen. In addition, the company will allocate the 13th through 15th stock acquisition rights to G Fund/EVO FUND and fix the exercise price at 3 yen to secure funding. The company will also issue the 1st unsecured ordinary bonds (private placement) up to 150 million yen. A partial amendment to the articles of incorporation will expand the total number of authorized shares. The funds will be allocated to new title development and operating capital, M&A funding, crypto-asset related business, and other purposes.

Impact and Outlook

This scheme is expected to entail significant dilution and thus will have a substantial impact on existing shareholders. The third-party allotment is a targeted allotment, and attention should be paid to market liquidity. The funds are planned to be applied to the release plans for new titles (CHARISMA de MURDER MYSTERY, Ilshir), M&A financing with Okazaki Holdings, and expansion of crypto-asset business, with the objective of securing the financing within the year.