Japan PC Service Co., LTD. (NSE:6025) announced a private placement of 100,000 common shares at a price of ¥435 per share for gross proceeds of ¥43,500,000 on July 27, 2017. The transaction will involve participation from SPRING, inc.. The common shares will be issue by a way of third party allotment. The transaction is expected to close on August 18, 2017. Post the closing of the transaction, the total number of outstanding shares of the company will increase from 1,327,700 to 1,427,700. The transaction has been approved by the board of directors of the company.