Goodpatch, Inc. (TSE:7351) announced a private placement of 5,090 6th stock acquisition rights and 2,180 7th stock acquisition rights at a price of ¥1,129 each for gross proceeds of ¥8,207,830 on January 22, 2021. The company will issue securities through third party allotment to Nomura Securities Co. Ltd., Investment Arm. Each stock acquisition right is exercisable into 100 common shares of the company at an initial exercise price of ¥3,420 per share from February 10, 2021 to February 9, 2024. The transaction has been approved by the board of directors of the company, and is expected to close on February 9, 2021.