新株 しんかぶ引受 ひきうけ けんではありませんでした
shinkabuhikiukekendewārimasendeshita

Noun
Desu Copula

The polite, past negative form of 新株引受権

1. Was not a preemptive right.; Was not a subscription right.

Past/Perfective
Negative
Polite
Formal Register