La Holdings Co., Ltd. (JASDAQ:2986) announced a private placement of 3,456 4th Stock Acquisition Rights at a price of ¥1,182 per stock acquisition right for gross proceeds of ¥4,084,992 and 3,500 5th Stock Acquisition Rights at a price of ¥1,115 per stock acquisition right for gross proceeds of ¥3,902,500 for aggregate gross proceeds of ¥7,987,492 on March 5, 2021. The transaction will include participation from Macquarie Bank Limited, Investment Arm through third-party allotment. Each stock acquisition right is exercisable into 100 common shares at a minimum exercise price of ¥1,195 from March 23, 2021 to March 22, 2023. The transaction has been approved in the board of directors meeting of the company. The transaction is expected to close on March 22, 2021.