Scala, Inc. announced that it expects to receive ¥1.983024 million in funding from Hello-Communications, Inc.
October 25, 2018
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Scala, Inc. (TSE:4845) announced a private placement of 1,692 series 13 warrants at a price of ¥1,172 per warrant for gross proceeds of ¥1,983,024 on October 26, 2018. The transaction will involve participation from existing investor Hello-Communications, Inc. The warrants will be potentially convertible into common shares at an exercise price of ¥895 per share. The transaction will take place through third party capital increase. The transaction is expected to close on November 12, 2018. The transaction has been approved by the board of directors of the company.
Scala Inc is a Japan-based company mainly engaged in the software as a service (SaaS) and application service provider (ASP) business, the sales force automation (SFA) business and others. The Company has four business segments. The SaaS/ASP segment is engaged in the provision of SaaS and ASP type services that support communication between companies and people such as i-search and i-ask. The SFA segment is engaged in the license sale of sales support systems, the provision of cloud services, customized development services, sales consulting and skill training services. The Field Marketing segment is engaged in the provision of field activities and market research services. The Customer Support segment is engaged in the provision of customer support consulting services for call centers. The Company is also engaged in the operation of electronic commerce (EC) sites, the planning, editing and publishing of business books, the provision of recruitment and employment services and others.
SCALA, INC. 