Mikunishiko Co.,Ltd. announced that it expects to receive ¥430.1 million in funding from Nakamoto Packs Co.,Ltd.
July 12, 2020
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Mikunishiko Co.,Ltd. (TSE:7811) announced a private placement of 935,000 common shares at a price of ¥460 per share for gross proceeds ¥430,100,000 on July 13, 2020. The transaction included participation participation from returning investor Nakamoto Packs Co.,Ltd. (TSE:7811). The application date is July 14, 2020 and payment date is July 15, 2020. Post the transaction, the investor's stake will increase from 22% to 50.1%, and no of shares in the company will increases from 365,000 shares to 1,300,000 share The securities are issued through third party allotment method.
NAKAMOTO PACKS CO., LTD. is a Japan-based company mainly engaged in the marketing of print processing (gravure printing), laminate processing, coating processing and molding products. The Company operates Print-related segment business. Its printing process categories include gravure printing, laminate processing (dry lamination and thermal lamination), coating processing, and molding processing. Its main products include food related, information technology (IT) and industrial related, medical and pharmaceutical related, building material related, life materials related, among others.