Ivy Cosmetics Corporation (JASDAQ:4918) that it will issue 5,000 1st stock acquisition right at issue price of ¥894 per stock acquisition right for gross proceeds of ¥4,470,000 and 4,800 2nd stock acquisition right at issue price of ¥214 per stock acquisition right for gross proceeds of ¥1,027,200 for total gross proceeds of ¥5,497,200 on November 10, 2020. The transaction will include participation from Mita Securities Co., Ltd. The 1st stock acquisition right can be exercised to purchase 500,000 shares of the company and 2nd stock acquisition right can be exercised to purchase 480,000 at an exercise price of ¥600 per share. The company will raise funds through third party allotment. The exercise period shall start from December 1, 2020 to December 1, 2023. The transaction is expected to close on November 30, 2020. The transaction has been approved by the board of directors of the company