Path Corporation (TSE:3840) announced a private placement of 140,000 11th stock acquisition rights at the price of ¥114 per right for gross proceeds of ¥15,960,000 on April 21, 2021. The transaction included participation from Hayate Management Co., Ltd. 100 shares can be issued per stock acquisition right at the initial exercise price of ¥129. The right will be allotted through third party allotment. The stock acquisition right can be exercised from May 10, 2021 to May 10, 2023. Plutus Consulting Co., Ltd. and Security & Research Co., Ltd. evaluated the stock acquisition right.