TOKYO, May 01 (Pulse News Wire) – Innovation Inc. (3970.T) reported today that there was no exercise of its eighth and ninth series of warrants with price adjustment clauses during the month of April 2026.
According to the report, neither the eighth nor the ninth series of warrants saw any deliveries or exercises during the observation period from April 1, 2026, to April 30, 2026. As of April 30, 2026, the number of unexercised warrants remained unchanged at 727 for the ninth series. Additionally, the company disclosed that the total outstanding shares of the eighth and ninth series of warrants stood at 0.00% and 0.00% respectively, indicating a 0% exercise rate for both series within the observed timeframe. Regarding the exercise restrictions based on the Tokyo Stock Exchange's Listing Rules Article 434 and the Japan Securities Dealers Association’s regulations, Innovation Inc.
Confirmed compliance with the stipulated limits. The company stated that the ratio of exercised warrants to the total issued shares did not exceed the permissible limit of ０%. This disclosure highlights the continued stability in warrant activity for Innovation Inc. with no changes noted in the exercise status of either series during the reporting period.
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