Media Links Co.,Ltd. announced that it entered into purchase agreement for 156,200 units of 15th stock acquisition rights at issue price of ¥1 per right for an aggregate gross proceeds of ¥156,200 by third party allotment on April 8, 2022. The transaction will include participation from Evo Fund, a fund managed by Evolution Capital Management, LLC. The rights can be exercised to purchase 15,620,000 shares of the company at an exercise price ¥50 per share.

The transaction is expected to close on May 13, 2022. The rights can be exercised from May 16, 2022 to May 15, 2023. The transaction has been approved by the board of directors meeting.