TOKYO, Apr 01 (Pulse News Wire) – Metaplanet Inc. (3350.T) announced that it halted the exercise of warrants issued to EVO Fund during the period from March 24, December 08, 2027.
According to the disclosure, no shares were delivered in March for both the 23rd and 24th series of warrants. For the 23rd series warrant, which had a total issuance of 1,050,000 units, there was no exercise activity in March. As of the end of February, there were 1,050,000 unexercised warrants remaining out of 105,000,000.
By the end of March, this number decreased to 1,050,000 unexercised warrants. Similarly, for the 24th series warrant with a total issuance of 1,050,000 units, no shares were delivered in March either. At the end of February, there were 1,050,000 unexercised warrants, reducing to 1,050,000 unexercised warrants by the end of March.
Details of the exercise halt can be found in the March 16 notice titled “Exercise Suspension Notice for the 23rd and 24th Series of Warrants.” The suspension is based on the exercise stop clause stipulated in the warrants' conditions.
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