J-Holdings Corp. (JASDAQ:2721) announced a private placement of 6,000 1st series prepaid warrants at ¥2,000 per warrant for gross proceeds of ¥12,000,000 on December 16, 2016. The warrants will be exercisable at ¥427 per share. Each warrant will be exercisable into 100 shares of the company at ¥4,095 per share. The exercise period will be January 6, 2017 to December 30, 2019. The securities will be issued by way of third party allotment. The transaction will include participation from Nomura Securities Co. Ltd., Investment Arm. The company will incur issue costs including includes legal expenses, warrant evaluation expenses and other clerical expenses with respect to this transaction. The allotment date is expected to be January 5, 2017.