CyberStep, Inc. announced a private placement of 986,841 common shares at an issue price of ¥456 per share for gross proceeds of ¥449,999,496 on May 27, 2022. The transaction include participation from Roadrunner Co., Ltd. for 767,543 shares, Blue Rock Co., Ltd. for 109,649 shares, and Asset Management Suite Co., Ltd for 109,649 shares. The transaction was approved by board of directors of the company.

The transaction is expected to close on June 14, 2022. The investors will have 8.59% stake, 1.23% stake and 1.23% stake respectively after completion of the transaction. The company paid ¥3,500,000 as issue expenses.

The securities issued through third party allotment.