Elephantech Inc. (Shinya Shimizu, CEO, Headquarters: Chuo-ku, Tokyo), a developer of innovative manufacturing technologies that significantly reduce water, resource, and energy consumption of printed circuit boards, has issued new shares to a third party on October 31, 2023.

Please see below for the details.

www.elephantech.co.jp

Elephantech raised funds through third-party allotment of new shares. - Raise...

Elephantech raised funds through third-party allotment of new shares.- Raised 3.9 billion yen through Series D financing,Total amount raised since inception is approximately 10 billion yen-

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