CellSeed Inc. (JASDAQ:7776) announced a private placement of 206,311 11th round warrants at ¥12,500 per warrant and 274 10th round warrants at ¥1,909,421 per warrant with UBS AG London branch, Investment Arm for gross proceeds of ¥3,102,340,354 on September 2, 2013. The 11th round warrants will be convertible into 1,400,000 common shares of the company. The 10th round warrants will be convertible into 274,000 shares of the company. The securities were issued through third party allocation.

On September 2, 2013, CellSeed Inc. closed the transaction.