CellSeed Inc. (JASDAQ:7776) announced a private placement of 28,000, 18th series warrants at ¥103 per warrant for gross proceeds of ¥2,884,000 on August 14, 2019. The application period for warrants is August 30, 2019. The warrants will be exercisable into 2,800,000 common shares of the company at an initial exercise price of ¥562 per share, revisable. The minimum exercise price of warrants is ¥337.2 per share. The warrants will be exercisable from September 3, 2019 to September 4, 2019. The company will receive a total of ¥1,567,101,000 through issue and exercise of warrants. The company will issue securities through third-party allotment. The transaction has been approved by board of directors of the company.