Wagokoro Co., Ltd. (TSE:9271) announced a private placement of 232,600 shares at a price of ¥580 for the gross proceeds ¥134,908,000 on June 30, 2020. The transaction will include participation from Kenichi Sano for 86,200 shares, Growing Co., Ltd. for 86,200 shares, Eigo Nosaka for 34,400 shares and Masaki Tasaka for 25,800 shares. The company will pay issuance expenses of ¥3,500,000 in the transaction. The company will receive net proceeds of ¥131,408,000 in the transaction. The company has raised the funding through third party allotment. The transaction has been approved by board of directors. The transaction is expected to close on July 16 , 2020.