Softstar Entertainment Inc. announced a private placement to issue 5,200,000 common shares at an issue price of TWD 10 per share for the gross proceeds of TWD 52,000,000 on May 24, 2024. The transaction has been approved by shareholders of the company. The book closure starting date is June 27, 2024 and ending date is July 1, 2024.

The transaction is expected to close of Payment period for original shareholders and employee is July 8 2024 to July 12, 2024 and Specific person subscription payment period from July 15 2024 to July 16, 2024.