Core Viewpoint - Robot Consulting Co., Ltd. is set to go public with an initial public offering (IPO) of 3,750,000 American Depositary Shares (ADSs) priced at US$4 per ADS, aiming to raise US$15 million in gross proceeds [1][2]. Group 1: Offering Details - The IPO will be listed on the Nasdaq Capital Market under the ticker symbol "LAWR" and is expected to commence trading on July 17, 2025 [1]. - The underwriters have a 45-day option to purchase an additional 562,500 ADSs at the public offering price [1]. - The Offering is expected to close on or about July 18, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated to recruiting talent and increasing the workforce [2]. - Funds will also be invested in research and development for new and existing products [2]. - Additional investments will be made in equipment and facilities, including office expansion, as well as for working capital and general corporate purposes [2]. Group 3: Company Overview - Robot Consulting Co., Ltd. focuses on human resource solutions and plans to expand into legal technology and the metaverse [6]. - The company's flagship product, "Labor Robot," is a cloud-based human resource management system that assists with employee attendance tracking, sales order management, and accounting [6]. - The company is developing "Robot Lawyer," an AI-powered tool for legal inquiries related to the metaverse, which will include features like legal precedent searches and lawyer matching services [6].
Robot Consulting Co., Ltd. Announces Pricing of $15 Million Initial Public Offering
Globenewswireยท2025-07-16 20:05