Urbanet Corporation Co.,Ltd. announced a private placement of 10th stock acquisition rights 21,000 units at a price of ¥190 per unit for proceeds of ¥3,990,000, 11th stock acquisition rights 21,000 units at a price of ¥35 per unit for proceeds of ¥735,000 and 12th stock acquisition rights 20,000 units at a price of ¥10 per unit for proceeds of ¥200,000, for aggregate gross proceeds of ¥4,925,000 on September 11, 2023. The transaction included the participation from returning investor Milestone Capital Management Co., Ltd. The exercise price is 373 yen for the 10th stock acquisition rights, 373 yen for the 11th stock acquisition rights 411 yen, and 448 yen for the 12th stock acquisition rights. The securities issued through third party allotment.

The resolution of the Company's Board of Directors held on after six months from the day following the allotment date of the Stock Acquisition Rights. The Stock Acquisition Rights do not fall under MSCB, etc. as defined in Article 410, Paragraph 1 of the Securities Listing Regulations stipulated by the Tokyo Stock Exchange.