GiG Works Inc.
Correction: “Notice Concerning Determination of Details for Stock Options (Subscription Rights to Shares)”
Published a correction to the notice regarding determination of details for subscription rights to shares. Allocation recipients: 40 employees (626 units), 14 subsidiary directors (257 units), 26 subsidiary employees (383 units), total 1,266 units. The number of underlying shares is 126,600 shares. Exercise price is 22,000 yen per share; payment amount is 11,500 yen per unit. Payment is offset against remuneration claims, so no cash payment is required.
Key Figures
- Total number of subscription rights to shares: 1,266 units
- Total number of shares subject to subscription rights: 126,600 shares
- Amount of assets to be contributed upon exercise of the subscription rights: 22,000 yen
AI要約
Overview of Corrections
The correction published today adds omitted information to the notice dated September 30, 2026 regarding determination of details for stock options. The allocation breakdown (40 employees, 626 units / 14 subsidiary directors, 257 units / 26 subsidiary employees, 383 units), total subscription rights of 1,266 units, underlying shares of 126,600 shares, exercise price of 22,000 yen, and payment amount of 11,500 yen have been revised and added. Payment is covered by offsetting with remuneration claims, so no cash payment is required.
Impact and Next Steps
This correction clarifies the total number of stock options, the allocation recipients, and the terms, improving transparency of the Company’s equity-based compensation practices. Future exercise activity and the dilutive impact on shares will vary depending on actual exercise behavior.
GiG Works Inc.
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