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Stock impact report

SYLA Technologies Subsidiary SYLA Solar Announces Issuance of Series 1 Unsecured Bonds

SYLA Technologies Co., Ltd. (SYT) 
US:NYSE Investor Relations: syngenta.com/investors
Company Research Source: GlobeNewswire
TOKYO, March 28, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, announced its subsidiary, SYLA Solar Co., Ltd. (“SYLA Solar”), has successfully raised 50 million yen in bank guaranteed private placement bonds provided by Aichi Bank, Ltd. Purpose of FundraisingUnder the slogan “Solar Power for Everyone”, SYLA Solar is committed to driving innovation and the widespread adoption of renewable energy technologies. This fundraising initiative aims to fortify SYLA Solar’s business operations and facilitate further growth. Specifically, the funds will be allocated towards advancing investment in research and development efforts to promote the development of new technologies and products. This includes the expansion of its production facilities to streamline and reinforce the mass production system and improve its capacity to supply products to the mar Show less Read more
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