LITALICO Inc. (JP:7366) has released an update.
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LITALICO Inc. is set to issue 18th, 19th, and 20th series stock acquisition rights via third-party allotment to UBS AG London Branch, aiming to repay a short-term loan and cover expenses related to its recent acquisition of Developmental Disability Center of Nebraska. The company will release a total of 23,870 units, with the goal of raising an estimated JPY 6.01 billion in net proceeds. This strategic financial move is part of LITALICO’s global expansion efforts and its mission to create an obstacle-free society.
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