TechFlow, Oct 3 - According to CoinDesk, Mobcast HD, a company listed on the Tokyo Stock Exchange's Mothers market, announced on October 3 that it will launch a "Solana financial strategy" initiative. The company also resolved to issue new share subscription rights and unsecured senior bonds, aiming to raise approximately 1.4 billion yen, which will be subscribed by EVO FUND and the company's CEO, Takaki Yabu.
The company stated that this move aims to strategically strengthen its financial foundation, maximize shareholder value, and meet listing maintenance requirements. As of the second quarter of 2025, the company reported revenue of 1.4 billion yen, an operating loss of 160 million yen, and a total market capitalization of approximately 2.7 billion yen.
