GreenBee, Inc. announced that it has enter into a capital and business alliance with West Holdings Corporation to issue 70,000 common shares at an issue price of ¥ 694 per share for the gross proceeds of ¥43,680,000 on July 12, 2024. The transaction has been approved by shareholders of company and is expected to close on July 31, 2024. The company has disclosed the issue expenses of ¥500,000 and the net proceeds of ¥43,180,000.