GA technologies Co., Ltd. announced a private placement of 140,800 common shares at a price of ¥1,420 per share for the gross proceeds of ¥199,936,000 on June 28, 2024. The transaction will include participation from new investor, ORIX Bank Corporation. The shares will be allocated by way of a Third Party Allotment.

The transaction has been approved by the shareholders of the company and is expected to close on July 17, 2024.