Japan Broadcast Solutions Inc. announced that it will issue 3,825 common shares for total gross proceeds of JPY 367,000,000 on August 30, 2022. The transaction will include participation from returning investor JAPAN Creative Platform Group Co., Ltd. for 80% stake in the company. The company will issue securities through third-party allocation.

The transaction has been approved by the board of director of the investor. The transaction is expected to close on October 4, 2022.