FunPep Company Limited announced a third-party allotment agreement for a private placement of 43,000 units of the 9th stock acquisition rights at an issue price of ?87 per stock acquisition right for gross proceeds of ?3,741,000 on November 26, 2021. The transaction will involve participation from SBI Securities Co., Ltd., Investment Arm. The stock acquisition right may be converted into 4,300,000 shares (100 shares per stock acquisition right), with initial exercise price of ?297 per share. The company will pay issuance expenses, including attorney's fees, valuation calculation costs, trust bank costs, etc. of ?12,000,000. The period during which the stock acquisition rights can be exercised from December 14, 2021 to December 13, 2023. The allotment date is December 13, 2021. The transaction is approved by the board of directors of the company