21LADY Co., Ltd announced a private placement of 6,000,000 common shares at the price of ¥100 per share for gross proceeds of ¥600,000,000 on December 28, 2021. The transaction will include participation from new investor Astroscale Holdings Inc. The company issued shares through third party allotment method. out of ¥100 issue price, ¥50 price will go towards registered capital and ¥50 price will go towards capital reserve ¥300,000,000 amount will go towards registered capital and ¥300,000,000 amount will go towards capital reserve.

The transaction is expected to close on January 14, 2021. The transaction has been approved by the board of directors.