Scigineer, Inc. announced that it has received ¥91.48 million in funding from Softbank Technology Corp. and other investors.
August 29, 2014 at 09:30 am IST
Scigineer, Inc. announced a private placement of 20,702 shares at ¥4,419 per share for gross proceeds of ¥91,482,138 on August 29, 2014. The transaction included participation from Softbank Technology Corp. for 9,052 shares. The company will issue the shares via third party allocation. As part of the transaction, the company will transfer ¥45,741,069 to its capital and the balance to its reserve.
On August 29, 2014, Scigineer, Inc. closed the transaction.