News

Announcement of Third-Party Allocation of New Shares Worth a Total of 5 billion yen

October 02, 2018

In order to continue its research and development endeavors and scale up operations to prepare for mass production, Spiber Inc. has received 5 billion yen through third-party allocation ​of new shares. Following the issuance of these new shares, the company’s total capital has increased to 22.24366 billion yen (including capital reserves).