Pixel Companyz Inc. (JASDAQ:2743) announced a private placement of 2,100,000 common shares at an issue price of ¥170 per share for gross proceeds of ¥357,000,000 and 139,000 series 11 stock acquisition rights at an issue price of ¥222 per unit for gross proceeds of ¥30,858,000; for an aggregate gross proceeds of ¥387,858,000 on July 30, 2020. The company has signed an agreement with the investor. The transaction will involve participation from TTL Resorts Co., Ltd. The transaction will take place through third party allocation. The series 11 stock acquisition rights units are exercisable into 13,900,000 common shares at an initial exercise price of ¥170 and will receive proceeds of ¥2,363,000,000 post exercise. The transaction is expected to close on August 19, 2020.