NCXX Group Inc. announced a private placement of Series 7 Unsecured Convertible Bonds with Stock Acquisition Rights will issue 2,000,000 convertible bonds at a price of ¥100 per bond for gross proceeds for ¥200,000,000 in round of funding on August 29, 2023. The transaction included the participation from new investor Jitsugyo no Nihon Sha issues 1,702,000 convertible bonds and hold 11.42% stake. The securities issued through third party allotment.