According to ChainCatcher, Simon Gerovich, CEO of the Japanese listed company Metaplanet, posted on X platform that the company has submitted a registration suspension statement to the regulatory authorities, planning to issue perpetual preferred shares up to 555 billion yen (approximately $3.7185 billion) to support its capital structure and strategic expansion.
Japan's Metaplanet plans to issue 555 billion yen of perpetual preferred shares, strengthening its strategic capital deployment.
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