Yamazen Corporation
Notice on Completion of Payment for the 1st Unsecured Convertible Bond with Warrants Issued by Third-Party Allocation
On March 3, 2026, payment was completed for the 1st unsecured convertible bond with warrants issued by third-party allocation, raising approximately 28 billion yen, with potential shares totaling 18,132,800 shares.
Key Figures
- Amount of Funds Raised: 28,006,979,000 yen (Net proceeds estimated: 27,985,979,000 yen)
- Potential Shares: 18,132,800 shares
- Conversion Price: 1,543 yen per share
AI要約
Overview of Capital Policy
Yamazen Corporation, based on the Board of Directors' resolution dated February 12, 2026, issued the 1st unsecured convertible bond with warrants by third-party allocation, and the payment procedure was completed on March 3, 2026. The issue price was 100.1 yen per 100 yen bond, with a total of 49 warrants and potential shares totaling 18,132,800 shares. The amount of funds procured was approximately 28 billion yen (net proceeds estimated at approximately 27,985,979,000 yen). The allottee is AP PS IV S1, L.P., and the conversion price is 1,543 yen per share.
Impact on Shareholders and Future Outlook
The issuance of these convertible bonds with warrants may increase the number of potential shares in the future, causing dilution; however, the funds raised are expected to be utilized as operating capital. The underwriting agreement was concluded on February 12, 2026, and details should be referred to in the notice regarding the offering dated the same day. Investors should closely monitor the increase in potential shares and the conversion price.
