Allocation of IPO proceeds to growth investments and debt repayment
First written in FY2021-Q2. 1 of 2 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2021-Q3.
25 other companies' latest entry also says "Advanced".
- FY2021-Q3AdvancedAnnual report
「The company listed on the Tokyo Stock Exchange Mothers market on 19 March 2021. In connection with the listing, the issuance of 1,000,000 new shares through a public offering conducted by the book-building method, with a payment date of 18 March 2021, increased capital stock and capital surplus by ¥555,000 thousand each. In addition, the issuance of 906,500 new shares through a paid third-party allotment related to an offering through an over-allotment option, with a payment date of 21 April 2021, increased capital stock and capital surplus by ¥503,107 thousand each.」
New shares were issued through the public offering and third-party allotment associated with the listing, confirming the execution of the fundraising and the resulting capital increase. Short-term borrowings decreased by ¥730,000 thousand, but this filing does not expressly state that the decrease resulted from the use of the offering proceeds. - FY2021-Q2First statedAnnual report
「Use of funds: 1. Advertising and promotion expenses; 2. Recruitment and personnel expenses; 3. System-related expenses; and 4. Repayment of short-term borrowings.」
The company planned to use proceeds from a public offering and a third-party allotment for advertising, recruitment and personnel expenses, systems and repayment of short-term borrowings. The public offering comprised 1,000,000 shares, with total issuance proceeds of ¥1,200,000,000 and a payment date of 18 March 2021.