Pixel Companyz Inc. (JASDAQ:2743) announced a private placement of 30,000 7th series warrants units at a price of ¥524 per unit for gross proceeds of ¥15,720,000 on August 14, 2017. The transaction will involve participation from Koho Shien Investment Limited Partnership. The warrants will be issued by a way of third party allotment. The warrants can be potentially exercised into 3,000,000 shares. The warrants have an exercise price of ¥258 per share. The warrants can be exercised between August 30, 2017 and August 29, 2020. The company will bear various issue costs amounting to ¥8,500,000, including registration expenses of ¥3,000,000, securities registration statement creation costs of about ¥1,000,000, recipient inspection expenses of about ¥ 500,000, warrant calculation expenses. The transaction is expected to close on August 30, 2017. The transaction has been approved by the board of directors of the company.