ASULINA Co.,Ltd.
ASULINA Co.,Ltd. Announcement on Issuance of the 12th and 13th Stock Acquisition Rights and Related Fundraising
Conducted fundraising through third-party allotment of stock acquisition rights. The 12th stock acquisition rights were allocated to EVO FUND with an exercise price adjustment clause for approximately 2.97 million yen; the 13th stock acquisition rights were allocated to Green Energy at a fixed exercise price for approximately 1.17 million yen. Total funds raised are approximately 388.414 million yen (excluding fees), to be allocated to growth investments such as AI data center business, live commerce, and pyrolysis carbonization equipment. Although dilution is substantial, the company attempts to control timing via staged exercise and acquisition clauses.
Key Figures
- Total amount of subscription payments: 3,884,140,000 yen
- Subscription payments for the 12th stock acquisition rights: 2,970,000 yen
- Subscription payments for the 13th stock acquisition rights: 1,170,000 yen
AI要約
Overview of Fundraising
This IR details a fundraising through a third-party allotment of stock acquisition rights. The 12th stock acquisition rights are allocated to EVO FUND with an exercise price adjustment clause: total number 270,000 units, total subscription payments 2,970,000 yen, potential shares 27,000,000 shares, and a floor exercise price of 49 yen. The 13th stock acquisition rights are allocated to Green Energy at a fixed exercise price of 97 yen: total number 130,000 units, potential shares 13,000,000 shares, with no acquisition clause. Use of proceeds will include the AI data center business, live commerce, and pyrolysis carbonization equipment business.
Impact on Shareholders and Risks
Dilution could reach up to 40,000,000 shares (voting rights equivalent to 400,000 units), representing a large dilution rate of 178.65% (voting-rights basis 188.24%). However, the scheme is designed to disperse and suppress the timing of dilution through staged exercise, acquisition clauses, and setting a floor price. The company also plans to repurchase and cancel the 11th stock acquisition rights, aiming to strengthen the financial base while pursuing growth investments.
ASULINA Co.,Ltd.
Company overview · Stock price · Financial data · All IR
