Vario Secure Inc. announced that it will issue 710,000 shares at an issue price of ¥1,178 per share for an aggregate gross proceeds of ¥836,380,000 on September 9, 2022. The transaction will include participation from HEROZ, Inc.. The transaction is expected to close from September 27, 2022 to September 29, 2022.

The company issue shares through third-party allotment. The transaction has been approved by the board of the directors of the company.