Remixpoint issues stock acquisition rights via third-party allotment

Remixpoint, Inc. (TSE:3825) announced the issuance of its 24th series of stock acquisition rights through a third-party allotment to EVO FUND (Cayman Islands). The decision, approved at a board meeting on May 19, 2025, aims to raise capital for investments in Bitcoin and Web 3.0-related businesses. A total of 125,000 units of stock acquisition rights will be issued at a price of JPY 3,625,000, potentially resulting in 12,500,000 new shares. The initial exercise price is set at JPY 450, with adjustments occurring every three trading days and a lower limit of JPY 215. The funds raised are earmarked for investment in Bitcoin (JPY 4,402 million) and Web 3.0 ventures (JPY 1,200 million). The exercise period runs from June 5, 2025, to June 5, 2026. The deal is contingent upon the effectiveness of the securities registration statement and includes a purchase agreement with EVO FUND that contains transfer restrictions.