News

Announcement of Third-Party Allocation of New Shares Worth a Total of? 999.94 million yen

January 12, 2018

In order to continue its research and development endeavors and scale up operations to prepare for mass production, Spiber Inc. has received 999.94 million yen through third-party allocation ​of new shares to an undisclosed organization. Following the issuance of these new shares, the company’s total capital has increased to 17.24366 billion yen (including capital reserves).