KeyHolder, Inc. announced that it expects to receive ¥499.999914 million in funding from SMEJ Plus Co., Ltd.
December 17, 2020
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KeyHolder, Inc. (JASDAQ:4712) announced a private placement of 491,642 shares at a price of ¥1,017 per share for the gross proceeds of ¥499,999,914 on December 18, 2020. The company will issue shares on third-party allotment basis. The transaction will include participation from SMEJ Plus Co., Ltd. The payment date of the transaction is January 8, 2021. The transaction has been approved by the board of directors of the company. The company will incur expenses of ¥5,000,000 in the transaction.
KeyHolder,Inc. is a Japan-based holding company mainly engaged in comprehensive entertainment business and real estate business. The Company operates three business segments. The General Entertainment segment operates live event spaces, produces TV programs, and operates and manages the business of talents and idols. The Real Estate segment is engaged in the development, sale and leasing of detached houses, condominiums, used houses and other real estates for individuals and companies. The Commercial Building segment designs and constructs various commercial facilities, including pachinko halls, KARAOKE shops, and restaurants.