Remixpoint, Inc. announced that it expects to receive ?19.58767 million in funding
October 20, 2021
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Remixpoint, Inc. announced a private placement of 103,093 18th Stock Acquisition Rights at a price of ?190 per stock acquisition right for gross proceeds of ?19,587,670 on October 21, 2021. Each stock acquisition right is exercisable into 100 common shares at a minimum exercise price ?97. The exercise period of the 18th Stock Acquisition Rights is from November 8, 2021 to November 7, 2023. The transaction has been approved in the board of directors meeting of the company. The transaction is expected to close on November 8, 2021.
Remixpoint, inc. is a Japan-based company mainly engaged in energy-related business and automotive business. Energy-related business engages in the development and sales of energy management systems, energy saving support consulting, sales of energy saving equipment, as well as purchase and sale power. Automotive-related businesses engages in the development and sale of used car assessment system, buying and selling of used cars related consulting, as well as the buying and selling of used cars. The Company also engages in operating of virtual currency trading post related services.