ANAP Inc. announced a private placement to issue 500,000 common shares at a price of ¥334 per common shares for a gross proceeds of ¥167,000,000 and 15,000 pieces of 5th stock acquisition rights at issue price of ¥590 per stock acquisition right for gross proceeds of ¥8,850,000 on October 14, 2022. The transaction will include participation from Peers Co.,Ltd. for 1,400,000 shares and 14,000 for 5th stock acquisition rights and Gemini Strategy Group Inc. for 100,000 shares and 1,000 for 5th stock acquisition rights. The transaction is expected to close on October 31, 2022.

The stock acquisition rights are convertible into 100 common shares of the company at an initial exercise price of ¥351 per share. The company will issue common stock and stock acquisition rights through third-party allotment. The transaction has been approved by the board of directors of the company.