Earlyworks Co., Ltd. Completes Private Placement Offering

TL;DR

Earlyworks just closed a private placement, selling warrants for nearly 2.5M ADSs.

AI Summary

On October 15, 2025, Earlyworks Co., Ltd. completed a private placement offering, issuing pre-funded warrants to purchase up to 2,403,847 American Depositary Shares (ADSs) to several investors. The company, based in Tokyo, Japan, is a foreign private issuer filing a Form 6-K report.

Why It Matters

This private placement could provide Earlyworks with capital for operations or expansion, potentially impacting its stock price and future growth prospects.

Risk Assessment

Risk Level: medium — Private placements can dilute existing shareholders and the terms of the warrants could lead to future selling pressure.

Key Numbers

• 2,403,847 — ADSs (Maximum number of American Depositary Shares issuable upon exercise of pre-funded warrants from the private placement.)

Key Players & Entities

• Earlyworks Co., Ltd. (company) — Filer of the 6-K report and issuer in the private placement.
• October 15, 2025 (date) — Date of the initial closing of the private placement offering.
• 2,403,847 (dollar_amount) — Aggregate number of American Depositary Shares (ADSs) that can be purchased via pre-funded warrants.

FAQ

Key Financial Figures

• $0.0005 — ADSs ”), at an exercise price of $0.0005 per ADS, with each ADS representing fiv
• $2.72 — rants ”), at an exercise price of $2.72 per ADS, which was equal to the closing
• $5,000,001.76 — ”), for a total purchase price of $5,000,001.76. The Pre-Funded Warrants and Ordinary W
• $2.08 — to the Investors at a per unit price of $2.08. The Pre-Funded Warrants were immediate
• $2,080,000 — y to sell to them up to an aggregate of $2,080,000 of ADSs at a per ADS price of $2.08 and
• $4.33 million — ived net cash proceeds of approximately $4.33 million in connection with such initial closing
• $200,000 — Offering and reimburse Alexander up to $200,000 for accountable expenses and up to $25,
• $25,000 — ,000 for accountable expenses and up to $25,000 for non-accountable expenses. Pursuant
• $2.5 m — a minimum stockholders’ equity of $2.5 million, subject to certain conditions. O
• $2.5 million — stockholders’ equity in excess of $2.5 million. The Company intends to notify the Pane

Filing Documents

• ea0261727-6k_earlyworks.htm (6-K) — 30KB
• ea026172701ex4-1_earlyworks.htm (EX-4.1) — 96KB
• ea026172701ex4-2_earlyworks.htm (EX-4.2) — 95KB
• ea026172701ex4-3_earlyworks.htm (EX-4.3) — 110KB
• ea026172701ex10-1_earlyworks.htm (EX-10.1) — 253KB
• ea026172701ex10-2_earlyworks.htm (EX-10.2) — 270KB
• ea026172701ex10-3_earlyworks.htm (EX-10.3) — 114KB
• ea026172701ex10-4_earlyworks.htm (EX-10.4) — 95KB
• ea026172701ex10-5_earlyworks.htm (EX-10.5) — 69KB
• ex10-3_001.jpg (GRAPHIC) — 14KB
• 0001213900-25-100906.txt ( ) — 1151KB

Forward-Looking Statements

Forward-Looking Statements This Report on Form 6-K contains “forward-looking and Section 21E of the Securities Exchange Act of 1934, as amended. This Report on Form 6-K also includes express and implied forward-looking “intends,” “plans,” “estimates,” “projects,” “should” and “objective” and the negative and variations of such words and similar words. These statements are made on the basis of current knowledge and, by their nature, involve numerous assumptions and uncertainties. Nothing set forth herein should be regarded as a representation, warranty or prediction that the Company will achieve or is likely to achieve any particular future result. Actual results may differ materially from those indicated in the forward-looking statements because the realization of those results is subject to many risks and uncertainties, including risks and uncertainties identified under the heading “Risk Factors” in the Company’s Annual Report on Form 20-F for the fiscal year ended April 30, 2025 and other information the Company has or may file with the U.S. Securities and Exchange Commission. Forward-looking to update such information except as required under applicable law. 3 Exhibit Index Exhibit No. Description 4.1 Form of Pre-Funded Warrant, dated as of October 10, 2025 4.2 Form of Ordinary Warrant, dated as o

View Full Filing

View this 6-K filing on SEC EDGAR