MEDINET Co., Ltd. announced a private placement of 525,000 units 19th stock acquisition rights at a price of ¥63 per share for the gross proceeds of ¥33,075,000 with returning investor Macquarie Bank Limited, Investment Arm on February 17, 2023. The 19th stock acquisition rights will be converted into 52,500,000 shares at a price of ¥100 per stock acquisition right. The minimum exercise price of stock acquisition rights is ¥44 and the initial exercise price ¥82.65.

The exercise period is from March 7, 2023 to March 6, 2025. The transaction has been approved by board of directors.