Source disclosure: January 16, 2026
Aplix Corporation [3727.T]
TOKYO, Jan 16 (Pulse News Wire) -- Aplix Corporation (3727.T), led by President and CEO Kura Hayashi Satoshi, announced today that its board of directors held on January 16 decided to issue subscription rights warrants to Nippon Telegraph and Telephone East Corporation (NTTEast). The issuance will be made through a third-party allotment method, with an allocation date set for February 2, 2026.
The company plans to issue 25,000 new subscription rights warrants, each priced at ¥223, raising a total of ¥5,575,000. Upon exercise, these warrants could potentially increase the number of shares outstanding by 2,500,000 shares, representing a total value of ¥428,075,000. This includes an estimated ¥5,500,000 for issuance-related expenses, leaving a net amount of approximately ¥422,575,000 after deductions.
The primary purpose of this warrant issuance is to strengthen the capital business alliance between Aplix and NTTEast, which began in November 2017 with the establishment of a joint venture. In July 2019, Aplix completed the acquisition of Smart Mobile Communications Co., Ltd., making it a wholly-owned subsidiary and solidifying NTTEast as Aplix's largest shareholder. However, despite these efforts, Aplix’s market capitalization has remained below the Tokyo Stock Exchange Growth Market threshold of ¥4 billion since December 2024. To address this situation and enhance long-term corporate and stock values, Aplix believes active investment in growth strategies is necessary.
As part of this strategy, Aplix aims to deepen cooperation with NTTEast in areas such as the retail media platform “BRIDGE AD” and leverage NTTEast's expertise in mergers and acquisitions (M&A) to accelerate growth. Specifically, Aplix expects to allocate funds towards enhancing BRIDGE AD services and expanding its user base, while also pursuing strategic acquisitions to bolster its platform business.
Additionally, Aplix disclosed that it had entered into a share exchange agreement with Globalcast Holdings Co., Ltd. on January 16, transitioning both companies under a holding company structure. This move was facilitated by Core Consulting Group Co., Ltd., a subsidiary of NTTEast, acting as a financial advisor. Going forward, Aplix intends to continue leveraging NTTEast's extensive experience in M&A and alliances to drive further growth initiatives.
Regarding the funding mechanism chosen for this warrant issuance, Aplix evaluated various equity financing methods, ultimately deciding that issuing subscription rights warrants offers the best balance between controlling dilution, ensuring liquidity, and maintaining flexibility in fund-raising. Despite potential drawbacks such as time constraints and reliance solely on the designated recipient for funding, Aplix believes the benefits outweigh these risks given the strategic importance of deepening ties with NTTEast.
AI-translated content. 🟡 Confidence: Standard See terms • Original filing