PBsystems,Inc. announced a private placement of 1,060 common shares at a price of ¥100,000 per share for gross proceeds of ¥106,000,000 on August 29, 2016. The investors would acquire 18.288475% stake as outstanding shares became 5,796 shares from 4,736 shares. The transaction will include participation from new investor Unirita Inc. (JASDAQ:3800) who will acquire 4.313319% stake in the company, other investors Kaga Electronics Co.,Ltd. (TSE:8154), JAIC – Bridge No.

3 Investment limited Partnership, a fund managed by Japan Asia Investment Co. Ltd. (TSE:8518), Miyazaki Mirai Support Fund Investment Limited Partnership, a fund managed by Miyazaki Taiyo Capital Co., Ltd., E3 Co., Ltd., and Value Up Co., Ltd. The payment date of the transaction is September 15, 2016.