Arculus System issues ~20.4M shares to management, cofounders, and advisors in exempt offering

Arculus System Co., Ltd.

Board approved issuance of approximately 20,430,950 common shares at par value to non-U.S. management, cofounders, technical advisors, and senior employees.
Issuance exempt under Section 4(2) of Securities Act; not a public offering and shares restricted under Rule 144.
No other material events reported; Item 8.01 states 'None.'

item 3.02item 8.01

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