SIVIRA Inc. announced a private placement through third party allotment on June 16, 2017. The company will issue 981 shares at the price of ¥20,383 per share for gross proceeds of ¥19,995,723 to new investor Nextware Ltd. (JASDAQ:4814). Nextware Ltd. (JASDAQ:4814) entered into capital and business tie-up contract to acquire 3.7% stake. The settlement date is June 30, 2017. The transaction will also include participation from Ceres, Inc. and Sybilla Ltd. The company reported net liabilities of ¥16,000,000, total assets of ¥ 7,000,000, revenue of ¥1,000,000, operating loss of ¥29,000,000, current loss of ¥ 29,000,000, and net loss of ¥29,000,000 for the year ended February 2017.