Loadstar Capital K.K.
Notice Regarding the Issuance of Subscription Warrants (Paid Stock Options)
Roadstar Capital Co., Ltd. decided to issue a total of 160 subscription warrants to four directors at a price of 22,050 yen per warrant. The exercise price is 2,950 yen per share, and the allotment date is April 13, 2026.
Key Figures
- Number of Subscription Warrant Allottees: 4 persons
- Total Number of Subscription Warrants: 160 units
- Issue Price per Subscription Warrant: 22,050 yen
- Number of Shares Granted per Subscription Warrant: 500 shares
- Exercise Price (per share): 2,950 yen
- Allotment Date: 2026-04-13
AI要約
Purpose and Overview of Subscription Warrant Issuance
Roadstar Capital Co., Ltd. resolved to issue a total of 160 subscription warrants to four directors for the purpose of business expansion and maximizing corporate value. The issue price is set at 22,050 yen per warrant based on fair value. Each subscription warrant grants the right to acquire 500 common shares, with an exercise price of 2,950 yen per share. The exercise period is from April 13, 2029, which is three years after the grant resolution date, to April 12, 2036, ten years thereafter.
Exercise Conditions and Impact on Shareholders
The subscription warrants include conditions for compulsory exercise in case of share price decline and performance achievement criteria, allowing exercise only if the pre-tax net income in any fiscal year between the fiscal years ending December 2028 and December 2036 reaches 20 billion yen or more. Additionally, transfer restrictions and prohibitions on exercise by heirs are stipulated. The issuance does not constitute a favorable issuance, and shareholders' meeting approval is not required. Appropriate adjustments will be made in the event of stock splits, mergers, or other corporate reorganizations.
