FUJITA CORPORATION Co.,Ltd. (JASDAQ:3370) announced a private placement of 128,600 units of series 1 warrants at a price of ¥2.87 per warrant for gross proceeds of ¥369,082 and 58,500 units of series 2 warrants at a price of ¥2.78 per warrant for gross proceeds of ¥162,630. The series 1 warrants issued are exercisable into 128,600 shares at an exercise price of ¥956 from October 2, 2018 to May 2, 2019 and series 2 warrants issued are exercisable into 58,500 shares at an exercise price of ¥956 from October 2, 2018 to July 16, 2019. All units of series 1 warrants will be subscribed by Evo Fund; a fund managed by Evolution Capital Management, LLC and all units of series 2 warrants will be subscribed by JFLA Holdings Inc. (JASDAQ:3069).

The company will pay various expenses in the transaction. The company will issue securities through third party allotment.