Metaplanet KK (JP:3350) has released an update.
Metaplanet KK has selected EVO FUND as the candidate to transfer unlisted stock acquisition rights, which were earlier acquired by Metaplanet and are set to expire by October 15, 2024. EVO FUND, a significant supporter of Metaplanet’s fundraising, intends to hold the shares acquired through these rights to maximize value but may sell some depending on market conditions. The transfer of rights is contingent on the approval of Metaplanet’s Board of Directors, with the transfer contract expected to be signed by mid-October 2024.
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