Greens Co.,Ltd. announced a private placement of 6,000 Racial Preferred Stocks at a price of ?6,000 per share for gross proceeds of ?6,000,000,000 and 500 Class 8 Preferred Stock at a price of ?1,000,000 per share for gross proceeds of ?500,000,000 and aggregate gross proceeds of ?6,500,000,000 by third-party allotment on August 12, 2021. The Class 8 Preferred Stock are convertible in common stock at conversion price of ?504 per share. The transaction will include participation from 081 Food and Beverage / Accommodation Support Fund Investment Limited Partnership a fund managed by Development Bank of Japan Inc., Investment Arm for 6,000 Racial Preferred Stocks and Kinki Chubu Koiki Fukko Shien Fund, a fund managed by REVIC Capital Co., Ltd. and AGS Consulting Co., Ltd., Investment Arm for 500 Class 8 Preferred Stock. The transaction is expected to close on October 19, 2021. The transaction has been approved by the board of directors of the company. The company will receive net proceeds of ?6,238,000,000 after deducting Issuance fees of ?262,000,000 in the transaction.