ITbook Holdings Co., Ltd. announced a private placement of issue of 1,520,000 shares at an issue price of ¥423 per share for gross proceeds of ¥642,960,000 and 7,600 4th Series Stock Acquisition Rights at price of ¥900 per stock acquisition right for gross proceeds of ¥6,840,000 for total aggregate proceeds of ¥649,800,000 on August 15, 2022. The transaction will include participation from FP Growth Support Class F Investment Business Limited Liability Partnership. for 1,520,000 shares and FP Seicho Shien F Fund for 7600 Stock Acquisition Rights. The Stock Acquisition Rights are exercisable at ¥423 per right, carrying exercise period from November 30, 2022 to June 30, 2025. The company will issue shares using third party allotment method. The transaction has been approved by the board of directors of the company. The transaction has a payment date of August 31, 2022. The transaction is expected to close on August 31, 2022.

The Company resolved at the Board of Directors meeting on August 15, 2022 to issue new shares through third-party allotment to FP Growth Support Class F Investment Business Limited Liability Partnership and the issuance of the 4th stock acquisition rights, company has confirmed that the payment has been completed.