So What, Inc. announced a private placement of 1,000,000 shares at ¥100 per share for gross proceeds of ¥100,000,000 on September 21, 2016. The transaction will include participation from existing investors Kazuaki Baba for 500,000 shares and Imagineer Co.,Ltd. (JASDAQ:4644) for 500,000 shares. The shares will be issued through shareholder allotment method. The application date of the transaction is November 8, 2016 and settlement date is November 9, 2016. The transaction has been approved by board of directors of Imagineer Co.,Ltd.