Vt Holdings Co.,Ltd. announced a private placement of 60,000 units of stock acquisition rights at an issue price of ¥168 per right for proceeds of ¥10,080,000 on April 8, 2022. The stock acquisition rights shall further convert into 6,000,000 shares at an exercise price of ¥500. The securities shall be allocated on April 26, 2022.

The transaction shall have an approximate issuance costs of ¥4,000,000. The company shall issue the securities using third party allocation method. The stock acquisition rights shall be exercised between April 27, 2022 to April 26, 2024.

The transaction has been approved by the board of directors of the company.