Runsystems Co. Ltd. (JASDAQ:3326) announced a private placement of 1,650 common shares at ¥60,000 per share for gross proceeds of ¥99,000,000 on March 7, 2013. The transaction will include participation from existing investors, Gaudi K.K. and Plaza Shoji K.K., which will invest ¥49,500,000 each.

Gaudi K.K. will increase its stake from 10.92% to 14.03% and Plaza Shoji K.K. will increase its stake from 10.68% to 13.81%. The investors will acquire a total of 6.24% stake in the company through this transaction. The company will issue shares through third party allocation.

The net proceeds from the transaction will be ¥96,800,000 after deducting various expenses for ¥2,200,000, which includes attorney fees for ¥500,000, registration related fees for ¥200,000, commission for ¥200,000, and investigation cost for anti-social elements for ¥1,300,000. The issue date of the transaction will be March 22, 2013. On the same date, the transaction was approved by extraordinary board of directors' meeting of the company.