Metaplanet is raising up to 21 billion yen (about $137 million) through the issuance of new shares and stock warrants. The capital raise is structured as a third-party allotment and includes the issuance of 24.53 million new common shares priced at 499 yen per share. Accompanying stock warrants will be issued concurrently with the new shares and together with the share issuance constitute the components of the third-party allotment, conveying both equity issuance and warrant allocation under the single planned financing arrangement the company announced on the same terms.
Metaplanet will issue 24.53 million new common shares at 499 yen per share through a third-party allotment. Upfront proceeds from the share issuance are approximately 12.24 billion yen. The capital raise is structured as a third-party allotment and includes concurrent issuance of stock warrants alongside the shares. Shares closed at 456 yen, about 4% lower on the day.
Each new share carries 0.65 stock acquisition rights, equating to 15.94 million potential shares and representing 65% warrant coverage. The stock acquisition rights (warrants) have a fixed exercise price of 547 yen and a one-year exercise period. If all warrants are exercised during that period, they could generate up to 8.9 billion yen in additional proceeds. The issuance aims to raise up to 21 billion yen in total when combining upfront proceeds and potential warrant exercise proceeds.
The transaction pairs priced equity issuance with attached stock acquisition rights under a single third-party allotment framework. The announced terms set the number of new shares, the per-share price, warrant coverage and the warrant exercise mechanics. The company disclosed these financing terms as part of the structured allotment.
Metaplanet has designated 5.2 billion yen of the upfront capital from the share issuance for partial repayment of existing debt. Upfront proceeds from the share issuance are approximately 12.24 billion yen. The capital raise is structured as a third-party allotment and includes issuance of new shares and stock warrants. Metaplanet currently has approximately $280 million of debt outstanding. These terms were disclosed by the company in connection with the financing announcement.
The allocation and debt figures were disclosed as part of the financing announcement. They appear within the terms of the third-party allotment the company announced.
Metaplanet currently holds 35,102 BTC, a figure included in the company’s reported facts describing its bitcoin treasury position in the disclosed materials. That holding makes it the fourth largest bitcoin holder among publicly traded companies, a ranking stated in the reported material for the company. The bitcoin total and the stated ranking appear among the company’s reported facts alongside other disclosed financing and corporate details in the same set of reported information.
Metaplanet plans to raise capital through the issuance of new shares and accompanying stock warrants under a structured third-party allotment.
The company says the proceeds are intended in part to reduce outstanding debt and to support further expansion of its bitcoin treasury holdings.
The financing was announced as a coordinated share-and-warrant allotment and the company is presented as a prominent bitcoin treasury holder among publicly traded firms.
