4Cs Holdings Co., Ltd. (TSE:3726) announced that it will issue 202,100 common shares at a price of ¥495 per share for gross proceeds of ¥100,039,500 and 18,182 15th stock acquisition rights at a price of ¥300 per stock for gross proceeds of ¥5,454,600 through third-party allotment on June 12, 2020. The stock acquisition rights are exercisable to purchase 2,030,300 shares which is equal to 100 shares per stock acquisition right at an initial exercise price of ¥495 per share. The transaction will include participation from new investor Oak Capital Corporation (TSE:3113).

The transaction has been approved in the Board of directors' meeting of the company. The transaction is expected to close on June 29, 2020. The exercisable period of the stock acquisition rights will start from June 29, 2020 to June 28, 2022.