TOKYO, May 14 (Pulse News Wire) – visumo Inc. (303A.T) resolved to issue stock options in the form of subscription rights to its directors (excluding outside directors) and employees without charge.
The resolution was made during a board meeting held. Additionally, the company plans to seek shareholder approval for the issuance of up to 191 subscription rights, including 50 for directors, at its upcoming annual general meeting scheduled for June 17, 2026. Under the proposed plan, each subscription right entitles the holder to purchase 100 shares of common stock at a predetermined exercise price.
The exercise price will be calculated based on the average closing prices of visumo's ordinary shares traded on the Tokyo Stock Exchange in the month preceding the allocation date, multiplied by 1.05. Any fractional share resulting from adjustments due to stock splits or consolidations will be rounded up. The subscription rights will be exercisable within four to ten years from the date of the board resolution, subject to certain conditions outlined in the agreement.
The company also intends to request shareholder approval for granting non-cash compensation to directors within the existing cap of ¥300 million per annum, excluding cash payments capped at ¥30 million.
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