TOKYO, Apr 07 (Pulse News Wire) – Toho Zinc CO.,LTD. (5707.T) reported the monthly exercise status of its warrant issued to Apricus Partners LLC on March 16, 2026.
During March 2026, a total of 2,374 warrants were exercised, resulting in the delivery of 237,400 shares. As of March 16, 2026, the outstanding unexercised warrants numbered 35,000 out of a total issuance of 35,000. By the end of March, this number decreased to 32,626 unexercised warrants.
Detailed exercise activities during March included transactions on March 17, March 18, March 23, March 24, March 25, and March 26, with varying numbers of warrants being exercised and corresponding share deliveries made. The exercise ratio as of March 16 was approximately 6.78%, while the ratio by month-end stood at 1.75%. All calculations adhere strictly to rounding conventions up to the second decimal place.
For more detailed information on the warrant issuance, refer to the February 27, 2026, press release titled “Issuance of First Tranche Adjusted Exercise Price Warrants through Third-Party Allocation.”.
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