Adways Inc. (TSE:2489) announced a private placement of 2,837,800 shares at a price of ¥339 for the gross proceeds of ¥962,014,200 on November 22, 2019. The transaction included participation from Hakuhodo DY Media Partners Inc. The company will raise funding through third party allocation. The transaction has been approved by the board of directors of the company. The transaction is expected to close on December 9, 2019.