Silicon Studio Corporation (TSE:3907) announced a private placement of 50,000 series 5 warrants at a price of ¥121 per warrant for gross proceeds of ¥6,050,000, 140,000 series 6 warrants at a price of ¥3 per warrant for gross proceeds of ¥420,000, 140,000 series 7 warrants at a price of ¥1 per warrant for gross proceeds of ¥140,000, 25,000 series 8 warrants at a price of ¥94 per warrant for gross proceeds of ¥2,350,000, 70,000 series 9 warrants at a price of 66 per warrant for gross proceeds of ¥4,620,000, and 70,000 series 10 warrants at a price of ¥66 per warrant for gross proceeds of ¥4,620,000; for aggregate gross proceeds of ¥18,200,000 on February 16, 2018. The transaction will take place through third party allotment. The warrants are fully convertible at a fixed conversion price of ¥2,036 for series 5, 6, 7, 9, and 10 and of ¥2,444 for series 8, 2018. The warrants can be exercised from March 6, 2018 to March 5, 2021 for series 5 and 8 warrants, April 4, 2018 to April 3, 2021 for series 6 and 9 warrants, and May 7, 2018 to May 6, 2021 for series 7 and 10 warrants. The transaction will include participation from Japan International Partners LLC for 31,000, 86,800, 86,800, 15,500, 43,400, and 43,400 warrants and Nippon Opportunity Partners LLC for 19,000, 53,200, 53,200, 9,500, 26,600, and 26,600 warrants of series 5, 6, 7, 8, 9 and 10 respectively. The allotment date for the warrants is March 5, 2018.