Earth Infinity (7692) · InitiativeAdvanced
Use of proceeds from a third-party allotment to fund working capital
First written in FY2021-Q1. 1 of 2 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2021-Q2.
2entries
2years
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Same theme, other companies
Raising Working Capital Through a Third-Party AllotmentA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2021-Q2AdvancedAnnual report
「In addition, payment was received on 17 November 2020 for a paid-in third-party allotment (a third-party allotment associated with an over-allotment offering), increasing capital stock and capital surplus by ¥41.594 million each.」
Following payment for the third-party allotment, stated capital and capital surplus each increased by ¥41,594 thousand. This filing does not state specifically how the funds were applied to working capital. - FY2021-Q1First statedAnnual report
「Total allotment price: ¥83,189 thousand」
The stated use of the funds raised through the third-party allotment is to fund working capital for the fiscal year ended July 2021.