Allied Architects, Inc. announced that it expects to receive ¥3.306 million in funding from Akasaka International Accounting Co., Ltd.
May 18, 2017
Share
Allied Architects, Inc. (TSE:6081) announce a private placement of Series 12 Warrants 2,000 units at JPY 752 per, Series 13 Warrants 2,000 units at JPY 530 per, Series 14 Warrants 2,000 units at JPY 291 per and Series 15 Warrants 2,000 units at JPY 80 per for total gross proceeds JPY 3,306,000 with third-party allocation Akasaka International Accounting Co., Ltd. on May 19, 2017. The company 100 shares per warrant so potential shares from this issuance 800,000 share, Series 12 Warrants, an Exercise Price is JPY 3,710, Series 13 Warrants, an Exercise Price is JPY 4,500, Series 14 Warrants, an Exercise Price is JPY 5,400 and Series 15 Warrants, an Exercise Price is JPY 6,600. The estimated amount of issue expenses is JPY 6,000,000. The Exercise period of the Warrants From June 6, 2017 to June 5, 2020.
Allied Architects, Inc. is a Japan-based company primarily engaged in the social media marketing business. The Company provides SNS related services, SNS advertisement service, and ReFUEL4 service. Its SNS related services provides advertisement content diffusion support service for China market, as well as other SNS related services. SNS advertisement service provides a variety of services suited to the characteristics and target of SNS, such as advertisement agency of SNS advertisement, advertisement distribution utilizing various data obtained from SNS related services, as well as advertisement creative production considering advertisement score (index). Its ReFUEL4 service provides a global platform service named ReFUEL4.