FEZ INC. announced that it expects to receive funding from SHIFT Inc., for Startups Capital Co., Ltd., MTG Ventures Co., Ltd., Incubate Fund, Nissay Capital Co., Ltd.
June 21, 2021
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FEZ INC. announced a private placement of Class C preferred shares on June 22, 2021. The company will issue securities to new investor SHIFT, Inc. on third party allotment basis. The transaction has been approved by board of the company. The transaction is expected to close in early June 2021.
SHIFT Inc. is a Japan-based company mainly engaged in the provision of software test services. The Company operates through two business segments. The Enterprise Market segment is engaged in the provision of general service related to quality assurance of software in business systems and information systems for companies of financial industry, distribution industry, manufacturing industry, communication industry and Web services industry. The Entertainment Market segment is engaged in the provision of general services related to quality assurance of software for enterprises providing mobile games, social games, consumer games and other entertainment products.
FEZ INC. announced that it expects to receive funding from SHIFT Inc., for Startups Capital Co., Ltd., MTG Ventures Co., Ltd., Incubate Fund, Nissay Capital Co., Ltd.
SHIFT INC. 
