UCHIYAMA HOLDINGS Co.,Ltd. [6059.T]
TOKYO, Jun 01 (Pulse News Wire) – Uchiyama Holdings CO.,LTD. (6059.T) reported no exercise of its second and third tranches of convertible warrants in May 2026.
Both tranches, issued through private placements on January 04, 2024, remained unexercised during the month. For the second tranche warrant, there was no delivery of shares or exercise of warrants in May. As of the end of the month, 450,000 warrants remained unexercised out of a total issuance of 450,000.
Similarly, for the third tranche warrant, no shares were delivered or warrants exercised in May, with 450,000 warrants still outstanding. The company noted that while the warrants are initially fixed-price instruments, they could be converted into adjustable price warrants based on board resolution. However, no such conversion decision has been made, leaving the exercise prices unchanged.
No restrictions were observed in adherence to the Tokyo Stock Exchange's listing regulations and the Securities Association’s rules governing private placement exercises.
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