Ribomic Inc. announced a private placement of 71,350 stock acquisition rights to be issued at ¥72 per right for proceeds of ¥5,137,200 on October 11, 2022. The rights will convert into 7,135,000 shares, 100 shares per right at an initial exercise price of ¥181. The exercise period of the rights is from October 28, 2022 to October 27, 2025.

The transaction will include participation from SMBC Nikko Securities. The transaction is expected to close on October 27, 2022.