RVH Inc. announced that it will issue 770,000 shares at a price of ¥0.65 per share for proceeds of ¥50,050,000 and 14,493 stock acquisition rights at a price of ¥97 per share for proceeds of ¥1,405,821 for gross proceeds of ¥51,455,821 on September 14, 2021. The transaction will be raised to through a third-party allotment. The transaction will include participation from SEED Co.,Ltd. to acquire 13.32% stake in the company.

The company will pay issuance expenses of ¥3,685,000 including issuance costs of ¥1,375,000 for stock acquisition rights calculation costs, ¥1,060,000 for registration and license tax registration-related costs, ¥250,000 for attorney's fees, and ¥1,000,000 for other costs. in the transaction for net gross proceeds of ¥47,770,821. The expected allocation date is September 30, 2021.