Access Group Holdings Co., Ltd. announced a private placement of Stock Acquisition Rights for proceeds of ¥2,148,200 on May 15, 2023. The company will issue 800 1st Stock Acquisition Rights at an issue price of ¥1,294 per share for proceeds of ¥1,035,200, 600 2nd Stock Acquisition Rights at an issue price of ¥852 per share for proceeds of ¥511,200, and 600 3rd Stock Acquisition Rights at an issue price of ¥1,003 per share for proceeds of ¥601,800. The 1st Stock Acquisition Rights have an exercise price of ¥1,100, 2nd Stock Acquisition Rights have an exercise price of ¥1,200, and 3rd Stock Acquisition Rights have an exercise price of ¥1,400 have an exercise period from June 1, 2023 and will end on June 2, 2025.

The transaction included participation from new investor Evo Fund, a fund managed by Evolution Capital Management LLC. The company will receive funding through third-party allotment. The transaction is expected to close on May 31, 2023.