Ribomic Inc. announces private placement of 17th stock acquisition rights of 89,196 stock acquisition rights at an issue price of JPY 47 per stock acquisition rights for gross proceeds of JPY 4,192,212 on February 20, 2024. The stock acquisition right will be convertible into 8,919,600 shares at an initial exercise price of JPY 102 per share. Exercise period of stock acquisition rights for March 8, 2024 to March 5, 2022.

The transaction included participation from SMBC Nikko Securities. The transaction is expected to close on March 7, 2024.