Generation Pass Co., Ltd. (TSE:3195) announced a private placement of 350,000 common shares at ¥2,451 per share with new investor CT Bright Holdings Limited for gross proceeds of ¥857,850,000 on June 16, 2015. The investor will acquire 17.03% stake in the company. The transaction payment date is from July 2, 2015 to July 3, 2015.