Alphax Food System Co., Ltd announced that it will issue 6,800 shares at a price of ¥417 per share for gross proceeds of ¥2,835,600 on April 25, 2022. The transaction included participation from returning investor Macquarie Bank Limited, Investment Arm. The minimum exercise price of the Stock Acquisition Rights is 245 yen and the initial exercise price is ¥490.

The exercise period is from May 12, 2022 to May 13, 2024. The transaction is expected to close on May 11, 2022.