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Source: TDnet timely disclosures
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Media Kobo receives ¥402,716,298 from third-party share and warrant issue

Wed, Oct 21, 2026 15:30 JST Media Kobo, Inc. (3815.T) Information & Communication 中文

Media Kobo, Inc. (3815) said on Oct. 21, 2026 that it had received full payment of ¥402,716,298 for new shares and fourth-series stock acquisition rights allotted to ULTIMATE CLASSIC INVESTMENT LLC through a third-party allotment.

Total paid in¥402,716,298
New shares issued1,028,400 shares at ¥389 each
4th-series stock acquisition rights15,426 units (1,542,600 potential shares)
Exercise periodOct. 21, 2026-Oct. 20, 2028

The company issued 1,028,400 common shares at ¥389 apiece, with a payment date of Oct. 21, 2026, for a total of ¥400,047,600. Estimated net proceeds came to ¥351,047,600 after deducting estimated issuance costs for both the shares and the stock acquisition rights.

The fourth-series stock acquisition rights, allotted the same day, comprise 15,426 units issued at ¥173 each, or ¥2,668,698 in total. Each unit is exercisable for 100 shares, for 1,542,600 potential shares. The initial exercise price is ¥389, with no upper limit and a floor of ¥303; potential shares remain 1,542,600 even at the floor. Media Kobo said it may deliver treasury shares, which stood at 171,144 as of Oct. 5, 2026, upon exercise.

Total funding from the rights, combining their issue price and the value of assets contributed on exercise, is ¥602,740,098, an amount that may rise or fall if the exercise price is revised or adjusted.

The board approved the issuance on Oct. 5, 2026. Details were disclosed in a release that day that also covered the acquisition and cancellation of the third-series stock acquisition rights, the planned redemption of the first-series unsecured convertible bonds with stock acquisition rights, and a change in the use of proceeds.

Next steps: The exercise period for the fourth-series rights runs from Oct. 21, 2026 to Oct. 20, 2028.


Original filings
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