Source disclosure: February 20, 2026
FunPep Company Limited [4881.T]
TOKYO, Feb 20 (Pulse News Wire) – FunPep Company Limited (4881.T) raised funds through a rights issue and the issuance of the 13th tranche of exerciseable share subscription rights. The total number of shares issued was 352,900 and the total number of subscription rights was 97,500 units (each unit representing 100 shares).
The exercise price per unit is set at ¥26, with a total expected fundraising amount of ¥30.0 million. The exercise period for the subscription rights runs from March 09, 2026, to March 08, 2028. During this period, the company reserves the right to specify non-exercise periods and request exercises from the allotment recipient, Groove Capital Corporation.
Additionally, the company retains the option to acquire remaining unexercised subscription rights at the issue price. The proceeds from this funding round will support ongoing research and development projects such as SSRR-337,799 and FFPPPP44XX, as well as expanding efforts to develop new compounds. Key expenditures include 400 million yen allocated towards research and development of new chemical entities, 157 million yen for personnel costs related to advancing research on SR379, FPP004X, and new compounds, and 294 million yen for operational funds to maintain research activities on these projects.
The total projected expenditure is 851 million yen.
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