Star Micronics completes third-party allotment, raises JPY25bn

Star Micronics Co., Ltd. (TSE:7718) announced the completion of its third-party allotment of new shares, raising a total of ¥25,000,081,600. The allotment, resolved on April 7, 2025, involved the issuance of 16,108,300 shares of common stock at a price of ¥1,552 per share to Taiyo Unleash Acrux Holdings, LP, managed by Taiyo Pacific Partners L.P. The payment period concluded on May 30, 2025. This increases the company's capital stock by ¥12,500,040,800 and its capital reserve by the same amount. Before this allotment, Star Micronics had 32,373,034 issued shares; after the allotment, the total number of issued shares stands at 48,481,334. This transaction is related to the previously announced capital and business alliance which included the retirement of 9,000,000 treasury shares, effective April 21, 2025.