Edia Co., Ltd. (TSE:3935) announced a private placement of 200,000 series 9 warrants at a price of ¥9.85 per warrant and exercise price of ¥3,050 for proceeds of ¥1,970,000, 90,000 series 10 warrants at a price of ¥2.99 per warrant and exercise price of ¥7,000 for proceeds of ¥269,100 and 50,000 series 11 warrants at a price of ¥1.79 per warrant and exercise price of ¥10,000 for proceeds of ¥89,500 for total gross proceeds of ¥2,328,600 on August 14, 2017. The transaction will include participation from the returning investor Evo Fund; a fund managed by Evolution Capital Management, LLC. The company will pay issue expenses of ¥591,272 and the company will receive net proceeds of ¥1,737,328.