KOSAIDO Holdings Co., Ltd. announced that it has signed the basic agreement regarding a capital and business alliance with new investor SBI Holdings, Inc. to issue 8,050,000 shares at an issue price of ¥595 per share for the gross proceeds of ¥4,789,750,000 on March 12, 2024. The transaction has been approved by the shareholders of the company and is expected to close on March 29, 2024. The company has disclosed the issue expenses ¥4,630,000 and the net proceeds of ¥4,785,120,000.

Post completion, the investor 5.62% stake in the company.