Softfront Holdings Co., Ltd. (JASDAQ:2321) announced a private placement of 1,428,600 shares at a price of ¥ 140 per share for gross proceeds of ¥ 200,004,000 and 572 units of Series 10 Warrants at a price of ¥ 2,700 per warrant for proceeds of ¥ 1,544,400; for aggregate proceeds of ¥ 201,548,400 on April 6, 2018. The transaction will include participation from Taiyo System Technology Co., Ltd. The shares and warrants will be issued through a third party allotment method. Each warrant is exercisable into 10,000 shares at an exercise price of ¥ 140 per warrant share between April 23, 2018 to April 23, 2020. The payment date is April 23, 2018.