Nexyz. Group Corporation (TSE:4346) announced a private placement of 700,000 common shares at a price of 1 per share for gross proceeds of 700,000 on November 14, 2018. The transaction will include participation from new investor Hoshino Dreams Project, General Incorporated Association to acquire 5.22% stake in the company. The company will issue shares through a third party allotment method. The transaction is subject to approval in the 29th ordinary general meeting of shareholders. The transaction has been approved by the board of directors of the company. The transaction is expected to close by January 4, 2019.