Yamashin-Filter Corp. (TSE:6240) announced a private placement 95,000 series 5th stock acquisition rights by third-party allotment at an issue price of ¥331 per stock acquisition right for gross proceeds of ¥31,445,000 September 8, 2020. The transaction will include participation from returning investor Nomura Securities Co. Ltd., Investment Arm. The transaction has been approved by the board of directors. The company will issue 100 share per stock acquisition right. The initial exercise price of stock acquisition rights is ¥1220. The securities are issued through thirty party allotment. The initial exercise price shall be an amount equivalent to 92% of the stock price for decision making. The stock acquisition rights will be convertible into common shares between October 1, 2020 and September 29, 2023.The expected to close on September 25, 2020.