News

Announcement of Third-Party Allocation of New Shares Worth a Total of 200 million yen

June 29, 2018

In order to continue its research and development endeavors and scale up operations to prepare for mass production, Spiber Inc. has received 200 ​million yen through third-party allocation ​of new shares to ​MUFG Bank, Ltd. Following the issuance of these new shares, the company’s total capital has increased to 17.44366 billion yen (including capital reserves).