Acro Holdings Co., Ltd. announced that it expects to receive ¥95.83 million in funding from SIG Co., Ltd.
July 14, 2020
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Acro Holdings Co., Ltd. announced that it has entered into an agreement to issue treasury stock in a round of funding on July 15, 2020. the transaction will include participation from returning investor SIG Co., Ltd. (TSE:4386). The transaction has been approved in the board of director of the investor, and is subject to approval from shareholders of the company. The securities shall be issued through third-party allotment method. The transaction is expected to close during September 2020.
SIG Group Co Ltd, formerly SIG Co Ltd, is a Japan-based company mainly engaged in system development business and infrastructure and security business. The system development business is engaged in system development, including information systems, control and monitoring systems for plants, embedded systems for manufacturing equipments for public work, finance and service industry. The infrastructure and security services business includes information technology (IT) infrastructure solutions and security services. The IT infrastructure solutions business engages in device configurations such as various servers and storage, as well as design, construction, introduction support and operation management of networks, databases and backups. The security service business provides security products, security hole searching, penetration testing service, as well as design, construction, maintenance and operation of security products.
SIG GROUP CO., LTD. 
