Netstars Adjusts Price for D-Series Preferred Shares Issued to Third Parties

TOKYO, Jul 17 (Pulse News Wire) – Netstars CO.,LTD. (8559.F) announced adjustments to the acquisition price of D-series preferred shares issued through a private placement on March 31, 2014.

According to the notice, the revised acquisition price stands at ¥904. The adjustment applies from July 18, 2026 onwards, as stipulated by the conditions outlined in the issuance terms of the preferred shares. The revision follows the provisions set forth in the issuance terms, which specify that the acquisition price calculation considers the indicative quotation as the closing price of ordinary shares.

However, in this case, the indicative quotation refers specifically to special indicative quotations. Therefore, if there is no transaction and no special indicative quotation available, the indicative quotation will not be used for the acquisition price calculation. Conversely, if a transaction occurs and a closing price exists alongside a special indicative quotation, the closing price will be utilized instead.

Yasuhiro Kono, Executive Director of the Integrated Planning Department, at,611.