Metaplanet announces Hong Kong subsidiary amid major executive, stock shakeup

Metaplanet (TYO: 3350) rolled out a series of big updates after its Friday, September 11 board meeting, announcing a new Hong Kong subsidiary, a new CFO, and a 41% trim of a contested stock-option pool. The options pool, by Gerovich’s admission, was poorly presented, which led to a 17% rout in the company’s stock last...