Sun Frontier Fudousan Co.,Ltd. [8934.T]
TOKYO, Apr 01 (Pulse News Wire) – Sun Frontier Fudousan CO.,LTD. (8934.T) adjusted the conversion price for its First Tranche Unsecured Convertible Bond with Warrants issued on October 06, 2023.
The adjustment was made due to the subscription price of newly issued shares falling below the stipulated fair value as per the bond issuance guidelines. According to the resolution passed during the board meeting held on February 25, 2026, the conversion price was revised accordingly.
Details of the warrant bonds can be found in the announcement published on October 06, 2023, which outlines the issuance of the First Tranche Unsecured Convertible Bond with Warrants through a private placement. The updated conversion price will apply from April 02, 2026, onwards.
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