Dear Life Co.,Ltd. announced that it has entered into an facility agreement for a private placement of 60,000 7th stock acquisition rights at a price of ?159 per stock acquisition right for gross proceeds of ?9,540,000 on November 19, 2021. The transaction will include participation from returning investor SMBC Nikko Securities Inc., Investment Arm through third-party allotment. Each stock acquisition right is exercisable into 100 common shares at an initial exercise price of ?612 per share from December 7, 2021 to December 30, 2024. The transaction has been approved in the board of directors meeting of the company. The transaction is expected to close on December 6, 2021.