Quantum Solutions Co.,Ltd. [2338.T]
TOKYO, Apr 27 (Pulse News Wire) – Quantum Solutions CO.,LTD. (2338.T) resolved to issue new share subscription rights to its directors and auditors based on the provisions of Article 236, Article 238, and Article 240 of the Companies Act during a board meeting held.
The issuance will involve issuing new share subscription rights without preferential conditions, requiring payment at fair value. Each right entitles the holder to subscribe for ordinary shares of the company. A total of 20,000 subscription rights will be issued, allowing recipients to acquire up to 2,000,000 ordinary shares upon exercise. The exercise price per share is set at ¥105, determined by an independent third-party evaluation agency using the Monte Carlo simulation method based on the company's stock price information.
Subscription rights will vest over time, with a portion becoming exercisable after one year from the grant date, while the remainder becomes exercisable contingent on the company achieving positive consolidated operating income in its fiscal year. Additionally, the exercise of these rights is subject to certain restrictions, such as the requirement for holders to remain as directors, auditors, or employees until the exercise date, barring exceptional circumstances approved by the board. The grant date for these subscription rights is scheduled for May 12, 2026, with payments due on the same day. The company also outlined procedures for handling these rights in case of organizational restructuring events, ensuring continuity and alignment with regulatory requirements.
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