Metaplanet suspends dilution from 20th–22nd stock acquisition rights through November 17

Core Viewpoint - Metaplanet Inc. has announced a temporary halt on the exercise of its stock acquisition rights to prevent dilution and manage capital strategically in response to evolving market conditions [1][3]. Group 1: Stock Acquisition Rights - The company will suspend the exercise of its 20th through 22nd series stock acquisition rights for a 20-trading-day period from October 20 to November 17 [1]. - As of now, there are 284,400 units of the 20th series (28.44 million underlying shares) and 1,850,000 units each of the 21st and 22nd series (185 million shares each) that remain unexercised [2]. Group 2: Strategic Management - The decision to halt the stock acquisition rights is aimed at enhancing flexibility and maximizing long-term value, reflecting the company's proactive approach to capital optimization [3]. - Metaplanet has previously undertaken initiatives that have strengthened its financial foundation and supported its goal of expanding Bitcoin holdings and optimizing BTC yield [3]. Group 3: Subsidiary Establishment - Recently, Metaplanet established Metaplanet Income Corp., a wholly-owned U.S. subsidiary focused on its Bitcoin Income Generation Business, with an initial capital injection of $15 million [4]. Group 4: Market Performance - At the time of publication, Metaplanet's stock was down 1.8% during Tokyo's trading session [5].