Daikokuya Holdings Co.,Ltd. announced a private placement of 1,000,000 2nd unsecured convertible bond at a price of ¥100 per bond for the gross proceeds of ¥100,000,000 and 444,445 20th stock acquisition rights at a price of ¥12 per warrant for the gross proceeds of ¥5,333,340 for the total gross proceeds of ¥105,333,340 on November 30, 2023. The transaction will include participation from individual investor, president and representative director, Kohei Ogawa. The bonds bear an interest of 0% and are redeemable on December 19, 2025.

The 20th stock acquisition rights are convertible into 44,444,500 shares at an initial exercise price of ¥45 per share.