TOKYO, May 01 (Pulse News Wire) – Kaihan CO.,LTD. (3133.T) disclosed the exercise status of its ninth tranche subscription rights (with price adjustment clause) allocated to EVO Fund for the month of April 2026.
A total of 765,000 shares were delivered during the month, with 7,650 subscription rights exercised, representing a ratio of 1.3% compared to the total issuance of 570,000 subscription rights. As of March 31, 2026, there were 555,600 unexercised subscription rights remaining. By the end of April, this number decreased to 547,950. During April, the highest number of subscriptions was recorded on April 6, with 338 shares being transferred at an exercise price of ¥350 per share.
On April 20, 120,000 shares were transferred at an exercise price of ¥1,200 per share. Additionally, the company adhered to the listing regulations' exercise limitations. As of March 31, 2026, the cumulative number of delivered shares stood at 765,000, while the outstanding listed share count was 56,915,783, resulting in an exercise ratio of 1.3%. For more detailed information on the issuance of these subscription rights, refer to the February 20, 2026, disclosure titled “Third-party Allocation Issuance of Ninth Tranche Subscription Rights (With Price Adjustment Clause), Second Unsecured Ordinary Bonds (Private Placement to Few Individuals), Third Unsecured Ordinary Bonds (Private Placement to Few Individuals), and Conclusion of Subscription Right Purchase Contract.”.
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