Danto Technologies Inc. announced that it will issue 9,700 shares shares at a price of ¥100,000 for a gross proceeds of ¥970,000,000 on May 18, 2023. The transaction will include participation from new investor, TAT Capital Fund LLC for 5,000 shares with 50% stake post completion of the transaction and returning investor, Danto Holdings Corporation for 4,700 shares with 50% stake post completion of the transaction. The company issued shares through third party allocation method.

The transaction has been approved by the Danto Holdings Corporation's board of directors. The transaction is expected to close on May 23, 2023.