ImageONE Co., Ltd. announced a private placement of 500,000 11th and 12th stock acquisition rights at a price of ¥613 per stock acquisition right for gross proceeds of ¥306,500,000 on August 25, 2022. The transaction will include participation from Long Corridor Alpha Opportunities Master Fund with 400,000 shares and MAP246 Segregated Portfolio with 100,000 shares. The transaction has been approved in the board of directors meeting of the company.

The transaction is expected to close on September 12, 2022.