We raised 60 million yen through a third-party allocation of new shares to existing shareholders.
<Background and purpose of this capital increase>
KOTOBUKI Medical was established in November 2018 and successfully raised 89.3 million yen from approximately 600 individual shareholders through the equity investment-type crowdfunding “FUNDINNO” in June 2019. In October of the same year, we raised funds from the public-private fund “Gunma Medical and Industrial Collaboration Revitalization Fund,” In May 2021, we raised funds from the same fund and “Shinkin no Tsubasa Fund.”
This procurement was made possible by a resolution at the extraordinary shareholders’ meeting held on July 16, 2021, to issue up to 60 million yen of shares for subscription through a third-party allotment to existing shareholders invested through FUNDINNO.
In the future, we will strive to expand our sales channels to medical institutions and medical equipment manufacturers in Japan and overseas by preparing for a new plant, introducing new equipment, and securing human resources in the technical, sales, and administrative departments.
Press release (Japanese text only)→https://prtimes.jp/main/html/rd/p/000000019.000050581.html