Source disclosure: January 30, 2026
e-LogiT co.,ltd. [9327.T]
TOKYO — e-LogiT Co., Ltd., represented by President and CEO Atsushi Ikeda (stock code: 9327, listed on the Tokyo Stock Exchange Standard Market), announced on January 30, 2026, that it had made changes to its previously disclosed plan regarding the issuance of new shares and the eighth tranche of subscription warrants with an exercise price adjustment clause, as well as related shareholder movements.
The company initially announced these plans on January 16, 2026. However, subsequent negotiations revealed that the risk tolerance of the allotment recipient, Mr. Tadashi Suda, towards e-LogiT had changed, making smooth execution under the original conditions challenging. As a result, e-LogiT and Mr. Suda agreed to modify the terms. The revised agreement includes reducing the ratio of new share issuance from 2,150,000 shares to 1,250,000 shares, increasing the number of subscription warrants from 62,500 to 70,000, extending their exercise period from two years to three years, and eliminating the company's right to issue instructions for warrant exercises. Instead, the allottee will have discretion over exercising the warrants.
Under the revised terms, the payment date for both the new shares and the subscription warrants is now set for February 18, 2026. The total amount raised through the issuance of new shares will be ¥295 million, while the total potential equity dilution from the exercised warrants could reach up to 7 million shares. These adjustments aim to mitigate risks for the allottee while ensuring long-term support for e-LogiT’s business growth. Additionally, e-LogiT has secured an opinion letter from an independent committee confirming the necessity and fairness of the modified funding arrangement.
Furthermore, due to these changes, Mr. Suda is expected not to qualify as a major shareholder upon completion of the capital increase. This development affects the composition of e-LogiT’s significant shareholders and associated companies. The company also noted that the modifications were aimed at securing necessary operating funds for immediate needs and maintaining options for future financing opportunities.
AI-translated content. 🟡 Confidence: Standard See terms • Original filing