Abalance Corporation announced a private placement of 150,300 common shares at an issue price of ?5,162 per share for gross proceeds of ?775,848,600 on October 22, 2021. The transaction include participation from returning investor Jingukan Co., Ltd .for 19,300 shares for 2.07% stake, Ocean Links Ltd for 19,300 shares, Ann Promotion Co., Ltd for 9,600 shares, FIN01 Fund L.P for 9,600 shares, Ryuhei Tanaka for 38,700 shares, Kazuya Hoshino for 19,300 shares, Hiroyasu Takei for 9,600 shares, Fumitaka Miki for 9,600 shares, Sayaka Hamano for 5,800 shares, Masahiro Hamano for 3,800 shares, Hiroshi Wakasa for 3,800 shares, and Daiki Shimura for 1,900 shares. The securities are issued through third party allotment. The transaction was approved by the board of directors of the company. The company paid an issue expenses of ?5,000,000 in the transaction. The transaction is expected to close on November 8, 2021.