SecuAvail Inc. (JASDAQ:3042) announced that it has entered into a contract for a private placement with returning investor, Milestone Capital Management Co., Ltd. of 600,000 6th series warrants at ¥13 per warrant for gross proceeds of ¥7,800,000 on August 30, 2018. The warrants will be exercisable at ¥1,080 per share from September 18, 2018 to September 17, 2020. The company will issue securities through third party allocation method. The warrants carries pre-paid feature. The board of directors of the company approved the transaction. The transaction will close on September 18, 2018.