Ten Allied Co.,Ltd. announced that it has entered into a third-party allotment agreement with new investor SBI Securities Co., Ltd., Investment Arm for a private placement of 65,000 1st stock acquisition rights at a price of ¥196 per stock acquisition right for gross proceeds of ¥12,740,000 on March 16, 2022. Each stock acquisition right is exercisable into 100 shares of the company at an initial exercise price of ¥327 per share. The minimum exercise price is ¥228 per share.

The exercise period is from April 4, 2022 to April 3, 2024. The allocation and payment date is April 1, 2022. The transaction has been approved by the board of directors of the company.