MTM Capital has sent a public inquiry to the board of Chiiki Shinbunsha regarding its April 2024 equity financing. MTM argues that allocating 94.3% of new shares to CEO Katsutoshi Hosoya's asset management company constitutes an unfair issuance and a conflict of interest. They also criticized the excessive dilution effect from MS warrants, which could reach 41%. MTM demands a public response regarding the financial rationale and selection of investors by May 22, 2026.
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- Source: PR TIMES
- Category: News