Ubraintv Co.,Ltd. announced a private placement of private placement of 1,161 common shares at ¥50,000 per share for gross proceeds of ¥58,050,000 on October 30, 2015. New investor Daikoku Denki Co., Ltd. will subscribe 200 shares to acquire 3.14% stake in the company, Niihari Kayamori will subscribe 160 shares, and returning investor Otohisa Matsuda, a Non-Executive Director will subscribe 60 shares and will hold 7.22% stake in the company. The round will see participation from other investors.

The investors will subscribe shares by way of third party allotment. The company will incur expenses of ¥120,000 which will result in net proceeds of ¥57,930,000.