Remixpoint closes JPY 3.625m third-party stock rights allotment

Remixpoint announced the completion of payment for its third-party allotment of the 24th series of stock acquisition rights with exercise price revision clause, issued to EVO FUND on June 4, 2025. The total issue price amounted to JPY 3.625 million, covering 125,000 stock acquisition rights, with each right entitling the holder to 100 shares of common stock, resulting in a potential issuance of 12,500,000 shares. The initial exercise price is JPY 450 per share, subject to adjustments every three trading days, with a floor of JPY 215. The funds raised, estimated at JPY 5,602,125,000, will be used for general corporate purposes. The rights are exercisable from June 5, 2025, to June 5, 2026. Remixpoint has also entered into a repurchase agreement restricting EVO FUND from transferring the rights without board approval after filing a securities registration statement.