Polaris Holdings Co., Ltd (JP:3010) has released an update.
Polaris Holdings Co., Ltd. has reported a substantial improvement in its tradable share ratio, increasing from 22.7% to 24% since June 2021 and moving closer to the Tokyo Stock Exchange’s Standard Market listing requirement of 25%. The company has undertaken various efforts, including the exercise of subscription warrants, which contributed to a funds increase of JPY 614 million. They are continuing to work on initiatives expected to raise the tradable share ratio to 26.3%, thereby meeting the listing criteria ahead of the March 2027 deadline.
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