GMO AD Partners Inc. announced a private placement of 7,000 7th stock acquisition rights at issue price of ¥159 per stock acquisition right for gross proceeds of ¥1,113,000 on September 21, 2021. The transaction will include participation from Ichiyoshi Securities Co., Ltd., Investment Arm. The rights can be exercisable to purchase 700,000 shares of the company at an exercise price of ¥484 per share. The transaction is expected to close on October 15, 2021. The company will incur issuance expenses which includes attorney's fees, value calculation costs for the stock acquisition rights, and other administrative costs in relation to the transaction. The stock acquisition rights can be exercised from October 18, 2021 to October 17, 2023. The transaction has been approved by the board of directors of the company.