Retty Inc. announced that it expects to receive Ã52.4628 million in funding from ZIGExN Co., Ltd.
November 10, 2022
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Retty Inc. announced a private placement of 222,300 shares at a price of Ã236 per share for gross proceeds of à 52,462,800 on November 11, 2022. The transaction will include participation from new investor, ZIGExN Co., Ltd. for 1.50% stake in the company. The company followed third-party allotment method in the transaction.
The transaction has been approved by the board of directors.
ZIGExN Co.,Ltd. is a Japan-based company primarily engaged in life media platform business which integrates the information on multiple media. The Company operates in two business segments. Its Life Media Platform segment is engaged in the development, operation and maintenance of media that integrate information from multiple Internet and paper media, specialized media that matches users and customers for specific industries and regions, as well as application Service provider (ASP) services. The Life Media Platform segment includes three fields: human resources field, real estate field and living field. The Others segment is engaged in the plan, development, operation and maintenance of new development services centered on the user billing model, leveraging the knowledge of the existing life media platform business.