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The latest update is out from W-SCOPE Corporation. ( (JP:6619) ).
W-SCOPE Corporation’s board has approved a complex financing scheme involving the acquisition and cancellation of its 10th and 11th stock acquisition rights, and the issuance of 23,999 new 12th stock acquisition rights to EVO FUND via third-party allotment, alongside previously issued straight bonds totaling ¥270 million. The new subscription rights, which carry a variable exercise price mechanism with a minimum of ¥83 per share and an initial exercise price of ¥165, could result in up to 2,399,900 new shares and are expected to raise approximately ¥382.6 million, tightening the company’s capital structure while potentially diluting existing shareholders and reinforcing its funding base through a commitment-style agreement that effectively requires EVO FUND to exercise the rights during the defined period.
The most recent analyst rating on (JP:6619) stock is a Hold with a Yen156.00 price target. To see the full list of analyst forecasts on W-SCOPE Corporation. stock, see the JP:6619 Stock Forecast page.
More about W-SCOPE Corporation.
W-SCOPE Corporation, listed on the TSE Prime market (Code: 6619), operates in the electronics and materials sector, focusing on technologies that support advanced industrial and manufacturing applications. The company is active in capital markets financing to support its business operations and strategic growth initiatives.
Average Trading Volume: 1,002,338
Technical Sentiment Signal: Sell
Current Market Cap: Yen9.86B
See more insights into 6619 stock on TipRanks’ Stock Analysis page.