Aqualine Ltd. announced that it has entered into a capital tie-up agreement for the private placement of 140,000 shares of common stock at a price of ¥507 per share for gross proceeds of ¥70,980,000 on February 10, 2022. The company issued through third-party allotment. The transaction will include participation from Japan Best Rescue System Co.,Ltd. The transaction has been approved by the board of directors.

The payment date is February 28, 2022.