Dentas Co., Ltd. announced that it expects to receive ¥23.1 million in funding
March 15, 2018
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Dentas Co., Ltd. announced a private placement of 7,700 common shares at a price of ¥3,000 per share for gross proceeds of ¥23,100,000 on March 16, 2018. The transaction will include participation from new investor Takumi Fukui for 1,000 shares and existing investor Kazutaka Moriguchi for 6,700 shares. The transaction will take place through third party allotment. The transaction was approved by the board of directors of the company. Post the closing, Kazutaka Moriguchi will hold 4.8% stake against 2.8% stake in the company. The company will pay issue expenses of ¥400,000. The transaction is expected to close on March 31, 2018.
Dentas Co., Ltd. is a Japan-based company mainly engaged in the dental materials related business. The Company is engaged in the research, development, import and export of dental materials, the research and development of dental technician repair materials, the manufacture and sale of dental care equipment, the research, development, manufacture, sale, import and export of medical devices, the sale of computer-aided design (CAD) and computer-aided manufacturing (CAM) equipment for dental technicians, and three-dimensional (3D) printers, as well as the dental laboratory consulting business and the dental technology business using CAD and CAM. The Company is engaged in the production of Dentas model cups, denture related products, false teeth cleaning products, CAD and CAM equipment and designed software for dental technicians, as well as 3D printers and other products.
DENTAS CO., LTD. 
