Focus Systems Corporation (TSE:4662) announced a private placement of 12,000 series 1st series warrants at a price of ¥910 per warrant and 10,000 2nd series warrants at a price of ¥270 per warrant for total gross proceeds of ¥13,620,000 on November 28, 2017. The 1st series warrants will be exercised at a price of ¥918 per warrant and 2nd series warrants will be exercised at a price of ¥ 1,300 per warrant. The transaction will involve participation from Daiwa Securities Co. Ltd. The transaction was approved by investor's board of directors.