CellSeed Inc. (JASDAQ:7776) announced a private placement of 2,000, 13th series warrants at ¥3,200 per warrant with existing investor, Milestone Capital Management Co., Ltd. for gross proceeds of ¥6,400,000 on August 13, 2015. The warrants will be issued through third party allotment method. Each warrant is exercisable into 1,000 common shares of the company at ¥705 per share.

The allotment date of the transaction is August 31, 2015. The warrants will be exercisable from August 31, 2015 to August 30, 2017. The transaction has been approved by the board of directors of the company.