Extreme Co.,Ltd. (TSE:6033) announced a private placement of 148,588 common shares at the price of ¥1,346 per share for gross proceeds of ¥199,999,448 with EPARK, Inc. on May 11, 2018. The transaction is expected to close on May 28, 2018. The investor will acquire 5.5% stake in the transaction. The company reported issuance expenses of ¥3,000,000.