Radical Opti Co., Ltd announced a private placement of 55 common shares on April 26, 2017. The transaction involves participation from LOCKON Co., LTD. (TSE:3690). The company has signed the contract with investor on April, 27, 2017. The shares were issued through a third party allotment method. Post the closing of the transaction the investor will hold 20.0% stake in the company.