tsukuruba inc. announced that it has entered into capital agreement for 700 class A preference shares at issue price of ¥1,000,000 per share for an aggregate gross proceeds of ¥700,000,000 on June 13, 2022. The transaction included participation from returning investor, Marui Group Co., Ltd. The shares shall be convertible at conversion price of ¥1,200 per share. The company has incurred expenses of ¥8,000,000 with respect to the transaction, receiving net proceeds of ¥692,000,000.

The transaction is expected to close on November 15, 2022. The transaction has been approved by the board of directors of the company.