TOKYO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- CTW Cayman (“CTW” or “the Company”), a leading game platform company providing global access to web-based games through its flagship HTML5 platform, G123.jp, which showcases a diverse selection of free-to-play games inspired by popular Japanese animations, today announced the closing of its initial public offering (the “Offering”) of 2,400,000 Class A ordinary shares (the “Ordinary Shares”) at a public offering price of $5.00 per share (the “IPO”). The Company receiv ...

日本游戏公司CTW Cayman（CTW）美国IPO首日开盘破发，报4.75美元，此前给出的IPO发行价为每股 5美元。该公司提供领先的全球可访问的基于网络的游戏平台，通过其旗舰HTML5平台G123.jp为玩家 提供身临其境的数字体验。 来源：视频滚动新闻 ...

Core Viewpoint - CTW Cayman is set to launch its initial public offering (IPO) of 2,400,000 Class A ordinary shares at a price of $5.00 per share, aiming to raise $12.0 million to support global market expansion initiatives and general working capital [1][2][3]. Group 1: Offering Details - The IPO will consist of 2,400,000 Class A ordinary shares priced at $5.00 each, with trading expected to begin on August 6, 2025, under the ticker symbol "CTW" [1]. - The company anticipates gross proceeds of $12.0 million from the offering, before deducting underwriting discounts and expenses [2]. - Underwriters have a 45-day option to purchase an additional 360,000 shares at the public offering price [2]. Group 2: Use of Proceeds - Approximately 85% of the net proceeds from the offering will be allocated to support the company's global market expansion initiatives, while the remaining funds will be used for general working capital and other corporate purposes [3]. Group 3: Company Background - CTW Cayman is a leading game platform company that provides access to web-based, free-to-play games inspired by popular Japanese animations through its HTML5 platform, G123.jp [7]. - The company was recognized as the largest anime IP-based H5 games platform globally in 2023, according to a Frost & Sullivan report [7]. - CTW collaborates with game developers to generate revenue from in-game purchases, leveraging relationships with Japanese animation IP holders to offer premium content and support [7].