Metaplanet Inc.
Supplementary Explanation Material Regarding the Issuance of Common Shares and the 25th Series Stock Acquisition Rights
Issuance of 24,529,000 common shares (issue price: 499 yen, total amount: 12.2 billion yen) and 15,944,000 units of the 25th series stock acquisition rights (exercise price: 547 yen, total amount: 8.8 billion yen) by third-party allotment, planning to raise up to 21 billion yen.
Key Figures
- Number of Common Shares Issued: 24,529,000 shares (2.15% of total outstanding shares)
- Issue Price of Common Shares: 499 yen (5% premium to the closing price on January 28, 2026)
- Potential Shares under 25th Series Stock Acquisition Rights: 15,944,000 shares (1.40% of total outstanding shares)
- Exercise Price of 25th Series Stock Acquisition Rights: 547 yen (15% premium to the closing price on January 28, 2026)
- Maximum Total Funds Raised: 21 billion yen
- Estimated Net Proceeds: 20.743 billion yen
AI要約
Issuance Overview
Metaplanet Corporation will issue 24,529,000 common shares by third-party allotment at 499 yen per share, with a total issue price amounting to 12.2 billion yen. Additionally, 15,944,000 units of the 25th series stock acquisition rights will be issued at an exercise price of 547 yen (a 15% premium to the closing price on January 28, 2026), with the exercise period from February 16, 2026 to February 15, 2027 (1 year). The exercise of these stock acquisition rights is expected to raise an additional maximum of 8.8 billion yen, making the maximum total funds raised 21 billion yen. The payment deadline is February 13, 2026.
Background, Purpose, and Use of Funds
The purpose of this fundraising is to maximize 'BTC per share' through additional Bitcoin acquisitions and to strengthen the earnings base by allocating funds to the Bitcoin income business. The use of funds will mainly cover Bitcoin acquisition, margin deposits and income expansion for the Bitcoin income business, repayment of borrowings (partial repayment of credit facilities), and bridge financing for borrowing repayment. The estimated net proceeds including bridge financing amount to approximately 20.743 billion yen.
Advantages of Fundraising
Issuing common shares enables immediate and certain fundraising, allowing prompt Bitcoin acquisitions without missing market opportunities. Utilizing stock acquisition rights allows flexible additional fundraising in line with market conditions, leveraging volatility without financial burden. By attracting demand from overseas institutional investors, the shareholder base will be internationalized and expanded, realizing strategic growth and increasing future fundraising capacity.
