Use of Proceeds from the Public Offering at Listing for INNOVERA Development, Advertising and Repayment of Borrowings
First written in FY2023-Q3. 1 of 2 entries say "Reframed", first in FY2024. Latest entry: FY2024.
Prodelight moved to the "Worse" side of this theme in 2024, 1 year before the typical company in this theme (2025).
14 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「The proceeds from the public offering are currently planned to be used for advertising and promotion to raise awareness, hiring outstanding personnel, developing overseas resources for offshore development, developing new services focused on AI, and providing funds to technology vendors, among other purposes.」
The scope of the stated uses of proceeds has been reorganized from the planned allocation at the time of listing to INNOVERA development, advertising and promotion, repayment of borrowings and other purposes, and now includes branding, recruitment, offshore development, new AI services and support for technology vendors. - FY2023-Q3First statedAnnual report
「Use of proceeds: The funds are planned to be used as working capital for the development of the Company's service, INNOVERA, and advertising and promotion expenses, as well as for the repayment of borrowings and other purposes.」
The public offering comprised 150,000 shares with aggregate proceeds of ¥216 million, which were planned to be used for INNOVERA development, advertising and promotion, working capital, repayment of borrowings and other purposes.