Space One Co., Ltd. announced a private placement of common shares for gross proceeds of ¥3,400 million on January 27, 2021. The transaction will involve participation from existing investor, Canon Electronics Inc. Post the closing, the capital of the company will increase from ¥2,850 million to ¥5,250 million and investment ratio of investor will increase to 59.5%. The payment date is February 12, 2021. The transaction has been approved by the board of directors of the investor.