Kitagawa Seiki Co.,Ltd. announced a private placement of 10,000 2nd stock acquisition rights at ¥363 per stock acquisition right for gross proceeds of ¥3,630,000 on January 16, 2024. The transaction included participation from new investor Nomura Holdings, Inc. The potential shares from the issuance of stock acquisition rights will be 1,000,000 shares. The transaction will happen through third party allocation.

The issue date for stock acquisition rights between February 6, 2024 and February 8, 2024. The transaction has been approved at board of directors? meeting of the company.