Fleekdrive Co., Ltd announced that it would receive ¥210,000,000 in an equity round of funding from returning investor SOLXYZ Co., Ltd. (TSE:4284) on January 22, 2021. The transaction will include participation from returning investor, SOLXYZ Co., Ltd. (TSE:4284) to hold 100% in the company. After the capital increase, the capital of the company will increase to ¥155,000,000 and capital reserve will increase to ¥119,010,689. The company issued the shares through third party capital allotment. The transaction has been approved by the board of directors held on January 22, 2021. The transaction is expected to close on January 25, 2021.