GreenEnergy & Company Inc. [1436.T]
TOKYO, Apr 24 (Pulse News Wire) – GreenEnergy & Company Inc. (1436.T) announced adjustments to the conversion price and exercise price related to its share split effective April 8, 2026.
The company's share split, detailed in the April 8, 2026, notice, involves a 1-for-3 stock split. As a result, the conversion price for the First Unsecured Convertible Bond with Warrants was adjusted from ¥2,193 to ¥731. Additionally, the exercise price per share for the Seventh Tranche Subscription Rights decreased from ¥2,284 to ¥761, while the number of shares per warrant rose from 100 to 300.
These changes reflect proportional adjustments based on the stock split ratio. Specifically, the conversion price and exercise price were reduced by one-third, whereas the number of shares underlying subscription rights tripled. The revised terms will apply to conversion requests and warrant exercises initiated on or after May 1, 2026.
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