JFLA Holdings Inc. announced a private placement of 83,000 9th stock acquisition rights at the price of ¥441 per right for gross proceeds of ¥36,603,000 on October 13, 2021. The transaction will include participation from SBI Securities Co., Ltd., Investment Arm. Each stock acquisition right will have 100 shares. The minimum exercise price is ¥194 and initial exercise price would be ¥387. The exercise period is November 1, 2021 to October 31, 2023. The transaction has been approved by the board of directors of the company. The transaction is expected to close on October 29, 2021. Tokyo Financial Advisers Co., Ltd. provided the valuation of right.