Terabyte Net Solution Co., Ltd. announced a private placement of 64,000,000 common shares at an issue price THB 0.50 per share for gross proceeds of THB 32,000,000 on September 29, 2022. The transaction was approved the board of directors of the company's parent. The company registered capital will increase from THB 43,000,000 to THB 75,000,000 and number of shares will be increase from 86,000,000 share to 150,000,000 share after completion of the transaction.

The transaction include participation from returning investor Nex Point Public Company Limited for 51% stake which is unchanged.