V-cube, Inc. announced a private placement to issue 1,200,000 common shares at an issue price of ¥280.8 per share for the gross proceeds of ¥336,960,000 and 48,000 19th stock acquisition rights at an issue price of ¥219 per right for the gross proceeds of ¥10,512,000; aggregate gross proceeds of ¥347,472,000 on March 6, 2024. Th transaction will include participation from new investors LCAO for 960,000 shares and MAP246 for 240,000 shares and LCAO for 38,400 pieces and MAP246 for 9,600 pieces. The transaction has been approved by the shareholders of the company and is expected to close on March 22, 2024.

The company has raised ¥1,994,832,000; issue expenses ¥47,847,680 and the net proceeds ¥1,946,984,320. The total amount of rights is ¥1,657,872,000; amount raised through rights is ¥10,512,000 and amount raised through exercise of stock acquisition rights is ¥1,647,360,000. The exercise price of right is ¥343.2.