Loadstar Capital K.K. [3482.T]
TOKYO, Apr 09 (Pulse News Wire) – Loadstar Capital K.K. (3482.T) announced corrections to its previous issuance notice of paid subscription rights to directors dated March 27, 2026.
The revised plan involves issuing 160 subscription rights to four directors at a price of ¥22,050 per right, based on valuation by Bridge Consulting Group. Each right entitles holders to purchase 500 common shares at an exercise price of ¥2,950. Exercise conditions include mandatory execution if the stock price falls below ¥2,950 multiplied by 30% during any month within the three-year window from the grant date.
Additionally, performance targets require achieving net income of ¥20.00 billion or more in fiscal years ending December 2028 through December 2036. The subscription rights will expire ten years after their issuance date, with adjustments made for corporate actions such as mergers, share splits, and capital reductions. Holders who cease to hold director positions will lose their rights to exercise the options.
The company retains the right to acquire unexercised rights free of charge upon certain organizational restructuring events or if the holder fails to meet exercise criteria.
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