ImageONE Co., Ltd. (JASDAQ:2667) announced that it will issue 800,000 series 8 stock acquisition rights at issue price of ¥1.53 per share for gross proceeds of ¥1,224,000 to Evo Fund, a fund managed by Evolution Capital Management, LLC and 800,000 series 9 stock acquisition rights at issue price of ¥3.24 per share for gross proceeds of ¥2,592,000 to Uniroot Co., Ltd.; for an aggregate gross proceeds of ¥3,816,000 on February 14, 2020. The company issued stock acquisition rights through third party allotment. The transaction is expected to close on March 9, 2020. The rights are convertible into common stock of the company. The stock acquisition rights can be exercised from March 10, 2020 to September 10, 2020.