EPARK Technologies Co., Ltd announced a private placement of 7,000 shares at a price of ¥5,000 per share for gross proceeds of ¥350,000,000 on May 11., 2018. The transaction includes participation from new investor, Extreme Co.,Ltd. (TSE:6033) for 58.3% stake in the company. The transaction has been approved by the board of directors of the investor. The shares are issued through third party capital increase method.