Hiramatsu Inc. announced that it has entered into stock subscription agreement for a private placement of 177,852 7th stock acquisition rights at an issue price of ¥121 per stock acquisition rights for gross proceeds of ¥21,520,092 and 26,136,200 common shares at an issue price of ¥176 per share for gross proceeds of ¥4,599,971,200 and aggregate gross proceeds of ¥4,621,491,292 on July 16, 2021. The transaction involved participation from new investors Maruhan Taiheiyo Club Investment Co., Ltd., and Taiheiyo Club, Inc. The company will issue shares through third party allotment method. The transaction has been approved by the board of directors of the company. The payment date is August 30, 2021. The stock acquisition rights exercise price is ¥176. The approximate issuance expenses are ¥310,000,000 and evaluation costs of ¥4,000,000, attorney's fees of ¥95,000,000, advisory costs for financial advisors of ¥200,000,000, allottee survey costs, and Tokyo Stock Exchange new stock listing fees, and printing cost is ¥6,000,000. Post the closing, Maruhan Taiheiyo Club Investment Co., Ltd. will hold 43,353,300 shares and 46.86% stake and Taiheiyo Club, Inc. will hold 568,100 shares and 0.61% stake. The stock acquisition rights holder may exercise the stock acquisition rights at any time from August 31, 2021 to August 30, 2029.