TOKYO, Mar 09 (Pulse News Wire) – Kaihan CO.,LTD. (3133.T) announced adjustments to the exercise price of its eighth tranche warrant issuance due to changes in the initial exercise price of the ninth tranche warrants issued to EVO FUND.
Effective March 9, 2026, the adjusted exercise price for the eighth tranche warrants is set at ¥660.10, down from the previous price of ¥721. The adjustment was decided upon during the board meeting held on February 20, 2026.
This modification follows the provisions outlined in Article 10, Item (2)(iii) of the issuance conditions for the eighth tranche warrants allocated to FGA Trust Limited. According to these conditions, an adjustment is necessary when the initial exercise price falls below the stipulated fair value.
The revised exercise price will apply to all subsequent transactions involving the eighth tranche warrants.
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