Marche Corporation announced a that it has entered into agreement for a private placement of 290 Class A shares at an issue price of ¥1,000,000 per share for proceeds of ¥290,000,000 on May 15, 2023. The transaction will include participation from new investor Kinki Chubu Koiki Fukko Shien Fund, a fund managed by REVIC Capital Co., Ltd. and AGS Consulting Co., Ltd., Investment Arm. The transaction is expected to close on July 31, 2023.

The transaction was approved by the board of directors of the company and is subject to shareholder meeting to be held on June 24, 2023. The company will receive funding through third-party allotment.