Vector Inc. announced that it will issue 1,140,000 common shares at a price of ¥294 for gross proceeds of ¥335,160,000 and 41,000 10th stock acquisition rights at a price of ¥330 for gross proceeds of ¥13,530,000 for aggregate gross proceeds of ¥1,218,930,000 on January 18, 2023. The transaction will include participation from capital harbor LLC. The company is issuing securities through third party allotment.

The 10th stock acquisition rights are convertible into 4,100,000 shares. The transaction is expected to close on February 3, 2023. The transaction has been approved by the board of directors of the company.