NEC Capital Solutions Limited announced a private placement of 23,032 treasury shares at an issue price of ¥2,180 per share for gross proceeds of approximately ¥50,209,760 on September 13, 2021. The transaction included participation form Holonic Corporation. The securities are issued through third party allotment.

The transaction is expected to close on September 30, 2021. The company will pay issue expenses of ¥100,000. The transaction was approved by the board of directors of the company.