DIGITAL PLUS, Inc. announced that it expects to receive ¥99.9004 million in funding from Alpha International Inc., Ceres, Inc., Benuu Inc. and another investor

DIGITAL PLUS, Inc. announced a private placement of 182,300 shares at a price of ¥548 per share for the gross proceeds of ¥99,900,400 on March 22, 2024. The shares will be allocated through third party method of allotment. The transaction will include participation from new investor, Alpha International Inc. for 54,700 shares, Ceres, Inc. for 54,700 shares, Bennu Inc. for 18,200 shares, individual investor, Toru Akaura for 54,700 shares.

The transaction has been approved by the shareholders of the company and is expected to close on April 8, 2024. The company will pay ¥2,760,000 as issuance fee in the transaction.