Metaps Inc. (TSE:6172) announced a private placement of 15th stock acquisition rights and 1st unsecured convertible bond-type Bonds with stock acquisition rights for gross proceeds of ¥1,511,050,004 on October 11, 2019. The company will issue 12,542 subscription right at the price of ¥882 per right for gross proceeds of ¥11,062,044. The total amount including exercise is ¥1,511,085,244 of which net proceeds is ¥1,499,037,244. Inflexion II Fund LP will acquire 8,171 rights, InfleXion II Cayman, L.P. will acquire 3,267 rights, and Flagship Asset Management Investment Partnership No. 85 will acquire 1,104 rights. The stock acquisition rights have an exercise price amendment clause and the minimum exercise price is ¥897, but even with the minimum exercise price, the number of potential shares is 1,254,200 shares. Investment Limited Partnership Inflation II No. will acquire bonds and 32 rights, InfleXion II Cayman, L.P. will acquire bonds and 13 bonds right, Flagship Asset Management Investment Association No.85 will acquire bonds and 4 rights. The bonds will be issued at ¥100 per 100 bonds. The gross proceeds of bonds is ¥1,499,988,000 and net proceeds is ¥1,488,036,000. The bonds have interest rate of 1.2% with conversion price of ¥1,196 per share. The transaction has been approved by the board of directors of the company.