Snow Peak, Inc. (TSE:7816) announced that it will issue 27,000 stock acquisition rights at issue price of ¥706 per stock acquisition right for gross proceeds of ¥19,062,000 on October 18, 2019. The transaction will include participation from returning investor, SMBC Nikko Securities Inc., Investment Arm. The stock acquisition rights can be exercised to purchase 100 common shares of the company at an exercisable price of ¥1,196 per share. The transaction will be through third party allotment. The transaction is expected to close on November 5, 2019. The exercise period will start from November 6, 2019 to November 30, 2021.