J-Holdings Corp. (JASDAQ:2721) announced a private placement of 8,960 2nd series prepaid warrants at ¥4,400 per warrant for gross proceeds of ¥39,424,000 on November 21, 2016. The warrants will be exercisable at ¥427 per share. Each warrant will be exercisable into 100 shares of the company. The exercise period will be December 16, 2016 to December 15, 2018. The securities will be issued by way of third party allotment. The transaction will include participation from returning investors Kazuki Morigami for 3,600 warrants, Shinji Ueno for 3,000 warrants, REAL ESTATE Co.,Ltd. for 2,000 warrants, and CROSSWALK, Inc. for 360 warrants. The transaction is expected to close on December 16, 2016. The company will incur legal fees of ¥1,000,000, price calculation expenses of ¥2,000,000, planned recipients’ credit check expenses of ¥1,400,000, and printing company fees of ¥1,500,000.