Metaplanet Plans to Issue ¥555 Billion in Perpetual Preferred Shares

Metaplanet's application for ¥555 billion in perpetual preferred shares aims to bolster its financial flexibility and capital structure, with equal distribution in Class A and Class B shares.

Summary

Metaplanet has submitted a shelf registration application for up to ¥555 billion in perpetual preferred shares, including ¥277.5 billion in Class A and ¥277.5 billion in Class B shares. This initiative is designed to enhance the company's financial flexibility and capital structure.

Terms & Concepts