Pocketalk Corporation announced a private placement of 69 common shares at a price of ¥20,000,000 for gross proceeds of ¥1,380,000,000 on February 14, 2022. The transaction will include participation from JNS Holdings Inc for ¥ 300,000,000, XCom Global, Inc., Dof Co., Ltd., morich-To Co., Ltd and one individual investor. The company will allot shares through third-party allotment method.

The transaction has been approved by board of directors in its general meeting of shareholders and by the board of directors of JNS Holdings Inc. The equity ratio after the capital increase through third-party allotment is 93.5%. The payment date is February 28, 2022.