Hope, Inc. announced that it expects to receive ¥12.05 million in funding
August 26, 2021
Share
Hope, Inc. announced a private placement of 50,000 11th stock acquisition rights with exercise price adjustment clause at a price of ¥241 per stock acquisition right for the gross proceeds of ¥12,050,000 on August 27, 2021. The transaction will include participation from Media 4u Co., Ltd. and Triple One Fund, L.P. The transaction has been approved by board of directors. The company will raise the funds through third-party allotment method. The company expects to close the transaction on September 21, 2021.
Hope Inc is a Japan-based company engaged in advertising, energy and media businesses. The Company operates through three business segments. Energy segment offers GENEWAT, an electricity retail service that helps local governments reduce costs. Advertising segment offers two kinds of services. The smart resource (SR) service purchases advertising space in various media such as homepages owned by local governments, public relations papers, salary statements distributed to public employees, and envelopes and sells them to private companies. The smart creation (SC) service, in the form of collaborative issuance with local governments, recruits advertisers to produce information booklets for residents and donates the booklets to local governments. Media segment utilizes the relationships with local governments cultivated in the advertising business to provide business to government (BtoG) marketing services, Jichitai Works, and Jichitai Works HA x SH information distribution platform.
HOPE, INC. 
