Cookbiz Co.,Ltd. announced a private placement of 70,000 shares of common stock at a price of ¥1,071 per share for the gross proceeds of ¥74,970,000 and 4,100 units of stock acquisition rights at a price of ¥ 700 per stock acquisition right for the gross proceeds of ¥2,870,000; aggregate gross proceeds of ¥77,840,000 on July 16, 2021. The company will issue securities to SCSV1 Investment Limited Partnership, a fund managed by SCL Capital G.K. will subscribe for 40,000 shares and Blackstreet Capital Management, LLC will subscribe for 30,000 shares. Each stock acquisition right represent 100 shares of the company. The minimum exercise price is ¥714, but even at the minimum exercise price, the number of potential shares is 410,000 for the gross proceeds of ¥441,980,000. the transaction has been approved by board of the company. The transaction is expected to close on August 2, 2021.