Environment Friendly Holdings Corp. [3777.T]
TOKYO, Apr 06 (Pulse News Wire) – Environment Friendly Holdings Corp. (3777.T) announced today that its 21st series of warrants was partially exercised by ORCHID PLUS PTE.LTD., resulting in an increase in capital.
The exercise involved 180,000 warrants out of a total issuance of 565,720 warrants. Each warrant was exercised at a price of ¥29 per share, leading to the issuance of 18,000,000 ordinary shares. The total exercise amount came to ¥522 million.
Following this exercise, the remaining number of warrants stands at 385,720. Details of the 21st series of warrants can be found in the announcement dated August 09, 2024, concerning the public offering of such warrants through a private placement. As a result of this partial exercise, the outstanding share count increased by 18,000,000 shares, bringing the total outstanding shares to 323,356,980.
The capital also increased by ¥265.77 million, raising the total capital to ¥518.56 million.
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