INCLUSIVE Inc. announced a private placement of 5,400 units in 9th Stock acquisition rights in an issue price of ¥1,176 per share for the gross proceeds of ¥6,350,400 and 2,300 in 10th stock acquisition rights in an issue price of ¥781 per share for the gross proceeds of ¥1,796,300 for aggregate gross proceeds of ¥8,146,700 on December 9, 2021. The company will issue 540,000 shares at an exercise price of ¥2,704 for 9th Stock acquisition rights and 230,000 shares at an exercise price of ¥5,000 for 10th stock acquisition rights. The stock acquisition right can be exercised from January 4, 2022 to January 4, 2024. The transaction is expected to close on December 30, 2021. The transaction has been approved by the board of directors of the company.