Nakamura Choukou Co., Ltd. (TSE:6166) announced a private placement of 3,000,000 series 6 warrants at a price of ¥2.2 per share for ¥6,600,000, 1,000,000 series 7 warrants at a price of ¥2.02 per share for ¥2,020,000, 1,000,000 series 8 warrants at a price of ¥1.94 per share for ¥1,940,000 for the gross proceeds of ¥ 10,560,000 on December 27, 2018. The transaction will involve participation from Evo Fund; a fund managed by Evolution Capital Management, LLC. The warrant can be exercised from January 16, 2019 to January 14, 2022. The allocation date of warrants is January 15, 2019. The company will pay issue expenses of ¥30,675,000. The warrants are issued through third-party allocation contract.