E-ComeTrue inc. announced that it has received ¥10.08 million in funding from Maruchiyo Yamaokaya Corporation.
December 25, 2014 at 11:00 pm EST
E-ComeTrue Inc. (TSE:3693) announced a private placement of 28,000 common shares at ¥360 per share with Maruchiyo Yamaokaya Corporation for gross proceeds of ¥10,080,000 on December 11, 2014. The transaction is expected to close on December 26, 2014. The company expects to incur ¥80,000 as issue costs in the transaction. The net proceeds from the transaction will be ¥10,000,000. The transaction was approved by the board of directors on the same date.
On December 26, 2014, E-ComeTrue Inc. closed the transaction.