Source disclosure: February 26, 2026, 16:00 JST
Agile Media Network Inc. [6573.T]
TOKYO, Feb 26 (Pulse News Wire) – Agile Media Network Inc. (6573.T) resolved today to acquire and cancel all warrants held by SAMURAI JAPAN INVESTMENTS PTE.
LTD. (SJI). The move follows SJI’s proposal to facilitate quicker capital raising amid uncertainty around warrant exercise timing. The acquisition will take place on October 31, 2024, with cancellation immediately thereafter, contingent upon shareholder approval at the scheduled March 27 annual meeting. Details of the transaction include acquiring 1,000,000 warrants issued on November 18, 2024, at a payment amount of ¥125 per warrant, totaling ¥125 million.
The warrants allow conversion into ordinary shares at a rate of 100 shares per warrant, with an exercise price of ¥1,000 per share. As of February 26, 2026, SJI holds 1,000,000 warrants, none of which have been exercised. This action is part of broader efforts to raise funds through warrant issuance and share distribution, aimed at addressing urgent liquidity needs while minimizing dilution risks associated with large-scale share issuance. The transaction is conditional on shareholder approval for significant changes to the company’s capital structure and issuance limits outlined in the February 2026 rights issue notice. Following the acquisition and cancellation, the remaining warrant holders will consist of Yasuka Wakamiya with 100,000 warrants and Juunosuke Hyuga with 50,000 warrants, bringing the total outstanding warrants down to 600,000.
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