CARADA medica Inc. announced that it will issue 13,100 shares at an issue price of ¥470,000 per share for gross proceeds of ¥6,157,000,000 on February 16, 2021. The company is raising funding through shareholder allocation method. The transaction will include participation from returning investors MTI Ltd. and MediPal Holdings Corporation.

The payment date of the transaction is February 26, 2021. The transaction has been approved by the board of directors.