Lancers, Inc. announced that it expects to receive ¥37.994 million in funding
October 07, 2020
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Lancers, Inc. (TSE:4484) announced private placement of 31,400 common shares at a price of ¥1,210 per share for gross proceeds of ¥37,994,000 to individual investor Shingo Irie on October 8, 2020. The investor will acquire 0.20% stake in the company. The total number of issued shares will increase from 15,505,100 shares to 15,536,500 shares. The expected payment date is October 23, 2020. The company will pay expenses of ¥1,000,000 and receive net proceeds of ¥36,994,000.
LANCERS,INC. is a Japan-based company mainly engaged in the platform business. The Company is engaged in the operation of a freelance platform Lancers that matches freelances and companies online. The Company is engaged in the provision of services in online stuffing platform area and crowdsourcing area. The online stuffing platform is a service in which clients can request work from specific lancers either directly or through agents and directors. The main work includes work with a high unit price such as system development and operation, design and creative production, article creation and others. The Company develops and provides directly order to freelancers services and selected freelancers introduction services in the area. The crowdsourcing is a service that requests work from an unspecified number of lancers and orders work based on deliverables. The main work includes work with relatively low unit costs such as data entry, article creation, logo design and others.
LANCERS, INC. 
