Mamiya-OP Co., Ltd. announced a private placement of 16,500 14th stock acquisition rights at ¥800 per stock acquisition right for gross proceeds of ¥13,200,000 on December 11, 2023. The transaction included participation from new investor SMBC Nikko Securities Inc. The potential shares from the issuance of stock acquisition rights will be 1,650,000 shares. The initial exercise price of stock acquisition rights ¥1,421.

The transaction will happen through third party allocation. The company will incur issuance expenses with respect to the transaction including attorney's fees, valuation costs, securities registration statement preparation costs, etc. The issue date for stock acquisition rights will be December 27, 2023.

The transaction has been approved at board of directors? meeting of the company.