Alphax Food System Co., Ltd announced that it expects to receive ¥104.972807 million in funding from Macquarie Bank Limited, Investment Arm and another investor
March 02, 2021
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Alphax Food System Co.,Ltd (JASDAQ:3814) announced a private placement of 107,300 shares at ¥932 per share for gross proceeds of ¥100,003,600, 2,000 units of 1st stock acquisition rights for ¥855 per unit for gross proceeds of ¥1,710,000, 3,150 units of 2nd stock acquisition rights for ¥752 per unit for gross proceeds of ¥2,368, 971 units of 3rd stock acquisition right for ¥917 per unit for gross proceeds ¥890,407; for an aggregate gross proceeds of ¥104,972,807 on March 3, 2021. The 1st, 2nd and 3rd stock acquisition rights are convertible into 612,100 common shares of the company at an initial exercise price of ¥1,030 per 1st stock acquisition right and 3rd stock acquisition right, and 1,288 per 2nd stock acquisition right. The exercise period of 1st and 2nd stock acquisition rights is between March 22, 2021 to March 22, 2023 and for 3rd stock acquisition right issuance is between March 22, 2021 to March 22, 2024. The company will issue stock acquisition rights through third-party allotment. The transaction will include participation from individual investor Sawasaki Shin for common stock holding 4.09% stake after completion and Macquarie Bank Limited, Investment Arm for stock acquisition rights. The transaction has been approved by the board of directors of the company. The payment date and allocation date of the transaction is March 19, 2021.
Alphax Food System Co., LTD. is a Japan-based company mainly engaged in the provision of restaurant-related system products. The Company has three business segments. The Application Service Provider (ASP) Services segment is engaged in the provision of specialized mission-critical systems for restaurant industry by ASP, including revenue analysis system, attendance management system, stock management and analysis systems, ordering system and central kitchen system. The System Equipment segment is engaged in the sale of its own products, including point of sales (POS) systems and order entry systems (OESs). The Peripheral Services segment is engaged in the sale of point cards terminals, automotive change terminals, cash account machines and others companies' equipment, as well as the sale of various consumable goods related to POS systems and order entry systems.
Alphax Food System Co., Ltd announced that it expects to receive ¥104.972807 million in funding from Macquarie Bank Limited, Investment Arm and another investor