THE WHY HOW DO COMPANY,Inc. [3823.T]
TOKYO, Apr 13 (Pulse News Wire) – THE WHY HOW DO Company,inc. (3823.T) completed the subscription payment totaling ¥756,000 for the issuance of its 16th warrant shares to Long Corridor Alpha Opportunities Master Fund (LCAO), MAP246 Segregated Portfolio, and BEMAP Master Fund Ltd.
The warrants were issued at an exercise price of ¥3.60 per share, allowing for up to 21,000,000 ordinary shares upon exercise. Additionally, the company also issued the 17th through 19th warrant shares to Kikuyama Corporation. The total number of shares issued was 80,000 with an aggregate issue value of ¥3.9 million.
Exercise prices for the 17th, 18th, and 19th warrant shares are set at ¥49, ¥48, and 46.90 respectively, corresponding to potential ordinary shares issuance of 2,500,000, 2,500,000, and 3,000,000 shares. The funds raised from the issuance amount to ¥1.009 billion for the 16th warrant shares and ¥410.4 million for the 17th through 19th warrant shares. The initial exercise prices for the respective issues are ¥48, ¥48, ¥51, and ¥53.
Exercise periods for the warrants range from April 14, 2026, to April 13, 2027, for the 16th warrant shares, and from April 14, 2026, to April 13, 2028, for the 17th through 19th warrant shares.
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