AI storm Co., Ltd.
Notice of Cancellation (with Exercise Price Adjustment Clause) of the 10th Stock Acquisition Rights
After acquiring the unexercised 109,756 stock acquisition rights held by SINO PRIDE VENTURES LIMITED, all were canceled. The cancellation amount totals approximately 12.62 million yen. The remaining unexercised rights after cancellation are 60,679, with a minimal impact on earnings.
Key Figures
- Number of stock acquisition rights to be canceled: 109,756 shares
- Number of shares canceled: 10,975,600 shares
- Total amount: 12,621,940 yen
AI要約
Overview of stock acquisition right cancellation
The Board of Directors resolved on August 7 of Reiwa 8 to cancel all of the 10th stock acquisition rights (with exercise price adjustment clause) acquired. The cancellation subject is 109,756 rights, which translates to 10,975,600 shares, with 1 right equaling 100 shares. The cancellation date is the so-called Reiwa 8 September 9, and the remaining unexercised rights are 60,679 rights (6,067,900 shares). The total amount is 115 yen per issued value at acquisition, totaling about 12,621,940 yen.
Outlook and financing
The cancellation reduces the number of target shares by 10,975,600. The impact on current-period earnings is expected to be minimal, and if any items needing disclosure arise, they will be promptly announced.
AI storm Co., Ltd.
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