TSE:3350Hospitality
Why Metaplanet (TSE:3350) Is Down 11.6% After Approving a Dilutive ¥12.2B Equity Offering
In late January 2026, Metaplanet Inc. approved a large follow-on equity offering of 24,530,000 ordinary shares at ¥499 each, with attached warrants and a planned subsequent direct listing, alongside board resolutions on AGM timing and preferred share dividends.
This capital raise of about ¥12.24 billions, paired with continued dividends on Class B preferred shares, highlights a simultaneous focus on funding and maintaining commitments to existing investors.
Against this backdrop, we will...