JAIC Co.,Ltd. announced a private placement of 16,600 shares at an issue price of ¥3,000 per share for the gross proceeds of ¥49,800,000 on September 26, 2022. The transaction will include participation from Port Inc. The company issued shares through third party allotment. The transaction is expected to close on October 17, 2022.

The transaction has been approved by the board of directors of the company.