CAVE Interactive CO.,LTD. (JASDAQ:3760) announced a private placement of 5,000 29th Stock Acquisition Rights at a price of ¥1,020 per stock acquisition right for gross proceeds of ¥5,100,000, 2,000 30th Stock Acquisition Rights at a price of ¥680 per stock acquisition right for gross proceeds of ¥1,360,000 and 2,000 31th Stock Acquisition Rights at a price of ¥226 per stock acquisition right for gross proceeds of ¥452,000 for aggregate gross proceeds of ¥6,912,000 on May 28, 2021. The transaction will include participation from Macquarie Bank Limited, Investment Arm through third-party allotment. Each stock acquisition right is exercisable into 100 common shares. The initial minimum exercise price of the 29th Stock Acquisition Rights is ¥1,300, and the initial minimum exercise price of the 30th Stock Acquisition Rights and the 31st Stock Acquisition Rights is ¥1,021. The exercise period of the stock acquisition rights is from June 15, 2021 to June 14, 2024. The transaction has been approved in the board of directors meeting of the company. The transaction is expected to close on June 14, 2021.