TOKYO, Mar 24 (Pulse News Wire) – Pixela Corporation (6731.T) announced adjustments to the exercise prices and number of shares associated with its warrants due to a share consolidation effective April 1, 2026. The company's ordinary shares will be consolidated at a ratio of 10-to-1, impacting the warrant details as follows: For the 13th Series Warrants, the exercise price per warrant was adjusted from ¥9 to ¥900, and the number of shares per warrant decreased from 100 to 1.
Similarly, for the 14th Series Warrants, the exercise price was revised from ¥9 to ¥909, and the number of shares per warrant reduced from 100 to 1, effective December 29, 2023. Additionally, the 21st Series Warrants will also undergo corresponding adjustments based on the issuance conditions outlined in their prospectus.
This adjustment stems from the resolution passed at the extraordinary shareholders' meeting held on March 13, 2026, which approved the share consolidation plan. The changes aim to align the warrant terms with the post-consolidation share structure, ensuring consistency across all issued warrants.
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