tella, Inc. (JASDAQ:2191) announced a private placement of 1,638,300 common shares at a price of ¥611 per share for gross proceeds of ¥1,001,001,300 on October 28, 2020. The transaction will include participation from returning investor Cenegenics Japan Co., Ltd. The transaction has been approved by board of directors of the company. Post the transaction, the investor's stake will increase from 4.65% to 6.53% in the company. The company will pay issuance expenses like attorney's fee or notification data creation fee of ¥8,000,000, legal affairs Bureau registration fee of ¥3,503,500, and other expenses including judicial scrivener fee, credit check fee, etc of ¥2,000,000, amounting to ¥13,503,500. The net proceeds will be ¥987,497,800. The securities is issued through third party allotment method.