Monday, October 28, 2024 – Tokyo-based trading firm Metaplanet Inc. has raised $66 million (10 billion yen) completing its stock acquisition rights exercise, reports on October 23 said.
The firm’s disclosure can be seen here: https://t.co/dTtKGq40M8
It is reported that 13,774 individual shareholders have participated in the firm’s 11th planned stock acquisition rights program.
The shareholders have been offered a discounted rate of 555 yen per share when purchasing the shares, reports said.
The stock acquisition rights have been issued to the shareholders free of charge.
The stock acquisition rights period began on September 6 and concluded on October 15, has raised a total fund of 10 billion yen.
During the exercising period, 18.1 million stock rights have been issued, and 13.1 million (72.8%) have been exercised by the shareholders, reports said.
The unused stock acquisition rights, which amounted to 1.7 million units, have been transferred to MMXX ventures with no charge.
Recently, Metaplanet disclosed its additional Bitcoin purchase, raising a total of about $57.4 million.
