Metaplanet: The 10th series of equity acquisition rights reduced due to opposition from investors
2026-09-12 15:03:12
According to CoinMeta, Metaplanet announced adjustments to its Series 10 stock option plan due to investor criticism of the executive compensation scheme. The adjustment reduces the number of shares per option from 696 to 410, which is expected to lower the potential number of shares from 188.19 million to 105.37 million, thereby reducing the risk of dilution. In addition, Metaplanet also plans to hold a special shareholders' meeting on December 18 to discuss the reclassification of capital stock and capital reserves in order to gain more liquidity. The company's CEO decided to forgo Series 10 compensation shares worth $123 million, demonstrating a positive response to investors' concerns.
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Source:The Coin Republic
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