Aisan Technology Co., Ltd. announced that it expects to receive ¥12 million in funding from Nomura Securities Co. Ltd., Investment Arm
December 15, 2016
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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.
AISAN TECHNOLOGY CO., LTD. is a Japan-based company principally engaged in the development and distribution of surveying software and the surveying business with high precision three-dimensional system (MMS). The Company operates in three business segments. The Surveying Solution segment provides surveying civil-related software and maintenance services, surveying instruments and other related hardware. The G Space Solution segment provides MMS surveying equipment and related products, three-dimensional (3D) surveying and analysis service, high precision three dimensional map database creation contracting business, 3D point cloud processing tool, satellite positioning related services, as well as related hardware products. The New Business segment is mainly involved in the business related to automated driving.