Startia Holdings,Inc. announced that it expects to receive ¥6.0514 million in funding from SMBC Nikko Securities Inc.
December 19, 2021
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Startia Holdings,Inc. announced a private placement of 15,800 6th stock acquisition rights at a price ¥383 per unit for gross proceeds of ¥6,051,400 on December 20, 2021. The transaction will involve participation from existing investor SMBC Nikko Securities Inc. The company will issue 100 share per acquisition right, resulting in 1,580,000 potential shares. The Initial exercise price is ¥1,080 per share or the minimum exercise price, whichever is higher. The acquisition right exercise period is of approximately 3 years. Post exercise of rights the company will raise gross proceeds of ¥1,703,451,400, pay expenses of ¥9,000,000, resulting in net proceeds of ¥1,694,451,400. The transaction is expected to close on January 12, 2022. The transaction has been approved by the board of directors of the company. Currently SMBC Nikko Securities Inc. hold 0.08% stake in the company.
On December 24, 2021, the company announced that the initial exercise price is ¥1,097, the same amount as the minimum exercise price. There is no maximum strike price.
Startia Holdings, Inc., formerly STARTIA INC. is a Japanese information technology company that operates in three core business segments. Digital marketing related business segment is engaged in the planning, development and sale of Web applications, among others. IT Infrastructure related business segment is involved in the provision of system integration and a total solution combining network equipment and services. Others business segment is engaged in the development of new business through innovative ideas and technologies.
STARTIA HOLDINGS,INC. 
