logly,Inc. announced a private placement to issue 145,360 shares at an issue price of ¥733 per share for the gross proceeds of ¥106,548,880 on July 27, 2023. The transaction will include participation from new investor MicroAd, Inc. The transaction has been approved by the shareholders of the company and is expected to close on August 16, 2023. The company has disclosed the issue expenses of ¥ 500,000 in the transaction. The shares are issued through a third party allotment method. Post completion, the investor will investor receive 380,300 shares with 10.01% stake in the company.

On same date , the company held the transaction has been approved the board of directors meeting.