Daimani Holding AG announced that it entered into a capital alliance agreement with PIA Corporation for raising gross proceeds of approximately ¥240 million on December 15, 2022. The company will issue shares through third-party allotment method. The investor will hold 5% stake in the company after completion of the transaction.

The transaction is expected to close on December 25, 2022. The transaction was approved by the board of directors of the investor.