Via Holdings Inc. announced that it has received ¥1 billion in funding from Development Bank of Japan Inc., Investment Arm.
March 31, 2014 at 12:00 am EDT
Via Holdings Inc. announced a private placement of 1,000 B preferred shares at ¥1,000,000 per share for gross proceeds of ¥1,000,000,000 on February 6, 2014. Preferred shares are convertible into common shares at ¥906 per share. The round will see participation from new investor Development Bank of Japan Inc., Investment Arm. The transaction is expected to close on March 31, 2014.
On March 31, 2014, Via Holdings Inc. closed the transaction.