Terra Drone Reports Massive Exercise of Warrant Options

TOKYO, Jul 15 (Pulse News Wire) – Terra Drone Corporation (278A.T) announced the massive exercise of warrant options with adjustment clauses during the period from July 14, 2026 to July 15, 2026. According to the company’s latest filing, 603 warrants, representing 28.27% of the total issuance, were exercised.

As of the previous disclosure, there were 1,603 unexercised warrants, which decreased to 1,000 at the current point. In detail, the company reported that 603 shares were delivered, with an exercise price of 11,000.

Prior to this, on July 14, 2026, 11,000 warrants were exercised without delivering any shares. The total number of shares outstanding as of the end of June was 9,827,800, excluding treasury shares.