Earlyworks (ELWS) sells 175,952 shares in JPY14.8M private placement
Rhea-AI Filing Summary
Earlyworks Co., Ltd. entered into an Investment Agreement with a non-U.S. investor for a private placement of its ordinary shares. The company issued and sold 175,952 ordinary shares at JPY84 (US$0.57) per share, raising gross proceeds of JPY14,779,968 (US$100,000). The company plans to use these funds for working capital and other general corporate purposes. The private placement closed on September 16, 2025, and the shares were issued under Regulation S, meaning they were not registered under the U.S. Securities Act of 1933.
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FAQ
What transaction did Earlyworks Co., Ltd. (ELWS) report in this 6-K?
Earlyworks Co., Ltd. reported that it entered into an Investment Agreement with a non-U.S. investor for a private placement of its ordinary shares and completed the closing of that transaction.
How much money did Earlyworks (ELWS) raise from this private placement?
Earlyworks raised gross proceeds of JPY14,779,968 (US$100,000) from the sale of 175,952 ordinary shares.
What will Earlyworks (ELWS) use the private placement proceeds for?
The company plans to use the proceeds for working capital and other general corporate purposes.
When did the Earlyworks (ELWS) private placement close?
The private placement closed on September 16, 2025.
Where can investors find the full Investment Agreement for Earlyworks (ELWS)?
The English translation of the Investment Agreement is filed as Exhibit 10.1 to this report.