Innovation Reports No Exercise of Warrants in June 2026

TOKYO, Jul 01 (Pulse News Wire) – Innovation Inc. (3970.T) reported no exercise of its eighth and ninth series of warrants with price adjustment clauses during the month of June 2026.

The company issued these warrants on April 07, 2022. In June 2026, neither the eighth nor the ninth series of warrants saw any exercise activity. As of June 30, 2026, there were still 727 outstanding units of the ninth series warrant, representing 72,700 shares. Regarding the exercise status of the warrants in June, the total number of delivered shares was 0 for both the eighth and ninth series.

Similarly, the number of exercised warrants was also 0 for both series. At the end of June, the remaining unexercised warrants stood at 727 units for the ninth series, corresponding to 72,700 shares. The company adhered to the exercise limitations set forth by the Tokyo Stock Exchange's Securities Listing Regulations Article 434 and the Japan Securities Dealers Association’s Rules Governing Subscription Rights Issues. The overall delivery share count remained at 0, while the outstanding shares as of the end of May were 2,762,100, including self-held shares amounting to 73,766.

The exercise ratio based on these regulations did not exceed the stipulated limit of ０%.