KOZO Holdings Co.,Ltd. [9973.T]
TOKYO, Apr 10 (Pulse News Wire) – Kozo Holdings CO.,LTD. (9973.T) resolved to adjust the exercise price of its 16th warrant issue, which was allotted to Macquarie Bank Limited on April 9, 2025.
The adjustment will apply to 50,000 warrants out of a total issuance of 50,000 warrants, each representing 100 shares. The revised lower limit exercise price is set at ¥9. The effective date for the adjusted exercise price is April 13, 2026. According to the warrant issuance terms, the exercise price can be fixed initially but may be adjusted based on certain conditions.
Upon resolution, KOZO Holdings will notify the warrant holders within ten trading days of the decision. The adjusted exercise price will reflect the closing price of Kozo Holdings' common stock on the exchange on the day preceding the adjustment date, rounded down to the nearest whole number. This adjustment follows a review of the share price movement and market environment since the issuance of the warrants. The company believes this measure enhances the flexibility and reliability of its capital-raising strategy while aiming for long-term enterprise value growth.
There will be no impact on the consolidated performance for the current fiscal period.
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