Mixbass, inc. announced private placement of 10,000 shares at an issue price of ¥13,900 per share for gross proceeds of ¥139,000,000 on September 23, 2020. The transaction will involve participation from returning investor Media Kobo, Inc. (TSE:3815). The transaction has been approved by the board of directors of the investor. The company will raise funding through third party allotment method. The capital of the company will increase from ¥69,500,000 to ¥99,500,000 after the capital increase. The payment date is October 1, 2020.