Mobcast Holdings exercises stock rights, adjusts Solana investment timeline

Mobcast Holdings announced a large-scale exercise of its 36th stock acquisition rights (with an exercise price revision clause) through a third-party allotment, with EVO FUND as the allottee. As of October 24, 2025, 115,000 units of stock acquisition rights have been exercised, resulting in the issuance of 11,500,000 shares at JPY 49 per share. This exercise represents 57.50% of the total issued rights, exceeding the 10% limit due to the exercise price being above the closing price on the resolution date.

Concurrently, Mobcast Holdings adjusted the planned timing for its JPY 550 million investment in Solana. Initially set for November 2025 to October 2026, the company will now begin purchasing Solana in October 2025. This change follows the partial funding of JPY 500 million, secured through the recent exercise of the 36th stock acquisition rights, to advance its "Solana Treasury business."