Shidax Corporation (JASDAQ:4837) announced a private placement of 4,000 class B shares and 2,500 class C shares at a price of ¥1,000,000 per share for ¥4,000,000,000 and ¥2,500,000,000 for total gross proceeds of ¥6,500,000,000 on May 17, 2019. The transaction will include participation from new investors Unison Capital Partners IV, LPS to acquire 82.68% and Unison Capital Partners IV(F), L.P. to acquire 17.32%, funds managed by Unison Capital, Inc. for 3,307 class B shares and 2,067 class C shares, 693 class B shares and 433 class C shares respectively. The company will issue shares through third-party allotment method. The transaction is expected to close on July 16, 2019. The transaction was approved by board of directors. The company may pay ¥40,000,000 and ¥25,000,000 issuance expenses for class B shares and class C shares respectively. YAMADA Business Consulting Co.,Ltd. will analysis the value of the preferred shares.