TechFlow, on August 1, Simon Gerovich, CEO of Japanese listed company Metaplanet, announced on X that the company has submitted a shelf registration statement to regulators for issuing up to 555 billion yen in perpetual preferred shares.
(TechFlow note: Shelf registration is a special underwriting mechanism used in securities issuance, whose core feature is allowing issuers to sell securities in tranches at opportune times based on market demand after obtaining regulatory approval.)
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