TOKYO, Mar 19 (Pulse News Wire) – Netstars CO.,LTD. (8559.T) announced adjustments to the purchase price of its D-class preferred shares issued through a private placement on March 31, 2014.
According to the notice, the revised purchase price stands at ¥904. The adjustment takes effect from March 20, 2026, forward.
The revision follows provisions outlined in the issuance conditions stipulating that the purchase price should be adjusted based on indicative quotations treated as closing prices for common shares during the calculation process. However, in cases where trades do not occur and there are no special indicative quotations available, such quotations are not utilized for the purchase price calculation.
In situations where trades are completed and closing prices are established alongside special indicative quotations, the closing prices are used instead.
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