Musashi no Tane Co., Ltd. announced that it expects to receive ¥30 million in funding from Berg Earth Co.,Ltd., OAT Agrio Co., Ltd., Yamaguchi Engei Co., Ltd.
August 29, 2018
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Musashi no Tane Co., Ltd. announced a private placement of 600 common shares at a price of ¥50,000 per share for gross proceeds of ¥30,000,000 on August 30, 2018. The transaction included participation from returning investor Berg Earth Co.,Ltd. (JASDAQ:1383), OAT Agrio Co., Ltd. (TSE:4979), and Yamaguchi Engei Co., Ltd. Post the transaction, Berg Earth Co.,Ltd. (JASDAQ:1383) will acquire 30% stake, OAT Agrio Co., Ltd. (TSE:4979) will acquire 28.57% stake, and Yamaguchi Engei Co., Ltd. will acquire 10% stake in the company.
OAT Agrio Co., Ltd. is a Japan-based company primarily engaged in the manufacture and sale of fertilizers and pesticides. The Company primarily provides insecticides, including benfuracarb, sodium oleate, alanycarb, tolfenpyrad, cyflumetofen, crystal toxin producing bacillus thuringiensis bacteria and propylene glycol esters of fatty acids; fungicides, including flutianil, oxpoconazole fumarate, potassium hydrogen carbonate and calcium polysulfide; herbicides, such as cyanate, as well as plant growth regulators, among others.
Musashi no Tane Co., Ltd. announced that it expects to receive ¥30 million in funding from Berg Earth Co.,Ltd., OAT Agrio Co., Ltd., Yamaguchi Engei Co., Ltd.
OAT AGRIO CO., LTD. 
