Tabikobo Co. Ltd. (TSE:6548) announced that it will issue 11,500 second stock acquisition rights at issue price of ¥246 for gross proceeds of ¥2,829,000 on December 23, 2020. The transaction will include participation from Morgan Stanley MUFG Securities Co., Ltd., Investment Arm. The rights can be exercised to purchase 1,150,000 shares of the company at an exercisable price of ¥952. The company will raise funds through third-party allocation. The company will incur expenses of ¥10,000,000 in relation to the transaction. The transaction is expected to close on January 8, 2021. The transaction has been approved by the board of directors of the company.