General Oyster, Inc. announced that it expects to receive ¥800.07 million in funding from Tryfunds inc.,LTD.
General Oyster, Inc. (TSE:3224) announced a private placement of 1,154,500 common shares at a price of ¥693 for gross proceeds of ¥800,068,500 on January 25, 2018. The transaction included participation from Tryfunds Investment Fund L.P.; a fund managed by Tryfunds inc.,LTD. for 1,154,500 shares. The transaction is expected to close by February 26, 2018. The company paid expenses of ¥5,000,000.