enish,inc. (TSE:3667) announced a private placement of 26,000 series 13 common stock at a price of ¥370.65 per shares for gross proceeds of ¥963,690,000 on April 3, 2020. The transaction will include participation from returning investor Barclays Bank PLC. Each warrant unit is exercisable into common shares of the company at an initial exercise price of ¥370 per share. The minimum exercise price is ¥185. The warrants may be exercised during April 21, 2020 to April 20, 2021. The transaction is expected to close on April 20, 2020. The transaction will take place through third-party allocation method. The transaction was approved by the board of directors of the company. The company will pay issuance expense of ¥7,000,000, bringing the net profit to ¥956,690,000.