North York Ltd's Significant Stake in Earlyworks Co., Ltd.

North York Ltd and Ashwood Leon Forbes have filed a Schedule 13D with the SEC, disclosing their significant stake in Earlyworks Co., Ltd. The filing reveals that North York Ltd holds 5,000,000 Ordinary Shares, representing 24.7% of the company's outstanding shares, through American Depositary Shares (ADSs). The shares were acquired as part of an offering where North York purchased Pre-Funded Warrants and Warrants to purchase ADSs. Additionally, North York entered into an Option Agreement with the CEO of Earlyworks, granting them the right to purchase up to 1,000,000 ADSs. The filing also outlines North York's intentions to review its investments in Earlyworks and potentially influence corporate actions, including board nominations and strategic transactions.