TOKYO, Mar 10 (Pulse News Wire) – Star Flyer Inc. (9206.T) announced today that the exercise period for its fourth tranche warrants with adjustment clause expired on March 10, 2026.
A total of 15,129 warrants were initially issued on March 09, 2021, allowing warrant holders to subscribe to ordinary shares at a price of ¥1,982 per share. Of the issued warrants, 8,232 were exercised, while 6,897 remained unexercised.
According to company regulations, the unexercised warrants totaling 6,897 units lapsed upon expiration of the exercise period on March 10, 2026. The lapse of these unexercised warrants will not impact the company's future funding plans.
Additionally, there are no immediate plans to raise funds through further equity issuance in the stock market due to the unutilized warrants.
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