Metaplanet's shares increased by over 2.5% to 853 yen following shareholder approval for significant amendments designed to enhance the company's governance and financial flexibility. During the meeting held on September 1, investors supported three key proposals: raising the maximum number of authorized shares to 2.7 billion, allowing the company to more easily raise capital in the future; enabling virtual-only shareholder meetings, aligning with modern corporate practices; and establishing provisions for different classes of shares—Class A and Class B. Metaplanet's management expressed gratitude for the support, viewing the amendments as a way to better position the company for growth in the competitive market.
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