ImageONE Co., Ltd. (JASDAQ:2667) announced a private placement of 96 7th series warrants at a price of ¥78,200 per warrant for the gross proceeds of ¥7,507,200 on April 25, 2018. The transaction will include participation from PC Fund L.P. Each warrant will entitle the holder to purchase one common share at an exercise price of ¥5,810,000 for a period from May 11, 2018 to May 10, 2020. The transaction was approved by board of directors of the company. The transaction is expected to close on May 11, 2018.