Core Viewpoint - Robot Consulting Co., Ltd. has successfully closed its initial public offering, raising a total of US$15 million, with plans to utilize the proceeds for talent recruitment, R&D, equipment investment, and general corporate purposes [1][2]. Group 1: Offering Details - The company offered 3,750,000 American Depositary Shares (ADSs) at a price of US$4 per ADS, with each ADS representing one ordinary share [1]. - The offering commenced trading on the Nasdaq Capital Market under the ticker symbol "LAWR" 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]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to: - Recruiting talent and increasing the workforce [2]. - Investing in research and development for new and existing products [2]. - Expanding equipment and facilities, including office space [2]. - General working capital and corporate purposes [2]. Group 3: Company Overview - Robot Consulting Co., Ltd. focuses on human resource solutions and aims 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 includes features like legal precedent searches and lawyer matching services [6].
Robot Consulting Co., Ltd. Announces Closing of $15 Million Initial Public Offering
Globenewswireยท2025-07-18 20:30