sdtech Inc. announced a private placement of 800 common shares at ¥75,000 per share for gross proceeds of ¥60,000,000 on June 27, 2016. The transaction will include participation from AXELL Corporation (TSE:6730) to acquire 30% stake in the company. The registered capital of the company will increase from ¥140,000,000 to ¥200,000,000.