TOKYO, Mar 19 (Pulse News Wire) – E-logit CO.,LTD. (9327.T) resolved today to grant voting rights for shareholders who acquire ordinary shares through the exercise of its eighth series of share subscription warrants prior to the scheduled annual general meeting on June 26, 2026.
According to the resolution, the warrant holder, Mr. Tadashi Suzuka, will gain voting rights for approximately 7,000,000 ordinary shares, representing 30.65% of the total voting rights. The company's CFO, Junpei Mori, noted that the decision was made based on the understanding that Mr. Suzuka supports the company’s long-term growth strategy and business operations.
Additionally, the company recognized the importance of reflecting the intentions of long-term value-seeking investors in the annual general meeting to ensure stable and sustainable corporate value enhancement. In detail, the total number of voting rights granted is calculated based on the total voting rights of all shareholders as of September 30, 2025 (145,903), plus additional voting rights assigned up to February 18, 2026 (12,500). The company will announce the final number of shares once the exercise process is complete. The company also received legal advice confirming the validity of this measure under Article 124, Paragraph 4 of the Companies Act, which allows for the inclusion of recent shareholders' opinions in the annual general meeting.
🟡 Confidence: Standard AI-translated content.