FHT holdings Corp. (JASDAQ:3777) announced a private placement of 480,000 18th stock acquisition rights at a price of ¥27 per warrant and 480,000 19th stock acquisition rights at a price of ¥26 per warrant, for aggregate gross proceeds of ¥25,440,000 on December 16, 2020. Each warrant entitles the holder to purchase 100 common shares at a price of ¥22 per share. The company will raise funding through third-party allocation. The transaction has been approved by the board of directors of the company.