Tella, Inc. (JASDAQ:2191) announced a private placement of 2,000,000 common shares at ¥491 per share for gross proceeds of ¥982,000,000 on June 30, 2017. The transaction include participation from Rheos Hifumi Investments Mother Fund, a fund managed by Rheos Capital Works Inc. The shares will be issued through third party allotment method. The transaction-estimated expense will be ¥6,650,000. The estimated amount for expenses is of the total of registration and license taxes, expenses related to the investigation of the planned recipient, and the expenses for the creation of documents such as the securities registration statement. The payment date is July 18, 2017.