FRACTALE Corporation (TSE:3750) announced a private placement of 15,000 stock acquisition rights at the price of ¥875 per right for gross proceeds of ¥12,675,000 on December 28, 2020. There were 100 shares per acquisition right with minimum exercise price of ¥1,022. The transaction will include participation from Japan International Partners LLC through third party allottment. The security will be locked in for six months. The transaction has been approved by the board of directors of the company. The transaction is expected to close on January 13, 2021.