DDS, Inc. (TSE:3782) announced a private placement with Milestone Capital Management Co., Ltd., of 125 units of 3rd series warrants at ¥125,000 per warrant for gross proceeds of ¥15,625,000 on September 3, 2013. The warrants are exercisable into 25,000 shares, with each warrant being exercisable into 200 shares, at an exercise price of ¥78,500 per share. The application and settlement date is September 19, 2013.

On September 19, 2013, DDS, Inc. closed the transaction. The company has completed the payment procedures for the full issue price of warrants from the investor.