: : Japan’s Earlyworks to offer 1.2 million ADS in IPO, priced at to each #FinanceUSA #StockMarketNEWS Earlyworks Co. Ltd. ELWS, a Japanese blockchain company, set terms for its initial public
@stockMarketNEWS 18 Days ago
: Japan’s Earlyworks to offer 1.2 million ADS in IPO, priced at to each #FinanceUSA #StockMarketNEWS
Earlyworks Co. Ltd. ELWS, a Japanese blockchain company, set terms for its initial public offering on Friday with plans to offer 1.2 million American Depositary Shares priced at to each. The company has applied to list on Nasdaq, under the ticker “ELWS.� Univest Securities is sole underwriter on the deal. Proceeds will be used for R&D, for recruiting global talent and investing in the business. “We are a Japanese company operating our proprietary private blockchain technology, Grid Ledger System (“GLS�), to leverage blockchain technology in various applications in a range of industries,� the company says in its prospectus.
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