Core Insights - Leifras Co Ltd (NASDAQ:LFS) shares experienced a significant surge, closing at $11.37 with a 576.79% increase in regular trading and further climbing 4.22% in after-hours trading to $11.85 [1][2]. Group 1: Contract Announcement - On November 5, Leifras announced a contract win for Regional Club Activity Facility Management and Operation Services from the City of Nagoya, managing facilities at 111 municipal junior high schools for community club activities starting in October [2]. Group 2: IPO Context - The company began trading on October 9, closing its initial public offering on October 10, selling 1.25 million American Depositary Shares (ADS) at $4 per ADS, generating $5.0 million in gross proceeds before expenses [3][4]. Group 3: Fund Allocation - Proceeds from the IPO will be allocated to hiring full-time staff, acquiring additional sports facilities, and supporting working capital needs for the company's sports school and social business operations [4]. Group 4: Stock Performance - Over the past month, LFS stock has surged 208.13% and increased by 322.68% in the last five days, with a market capitalization of $297.45 million and a 52-week range of $1.58 to $12.49 [5].

Core Points - Leifras Co., Ltd. has been awarded a contract by the City of Nagoya for managing and operating regional club activity facilities at municipal junior high schools [1][2] - The project will begin in October 2025 and will involve 111 municipal junior high school facilities, including gymnasiums, martial arts dojos, athletic fields, music rooms, and art rooms [2] - Leifras aims to ensure safe and secure operations of these club activities in collaboration with Nagoya City officials and school administrators [3] Company Overview - Leifras is a sports and social business company based in Tokyo, focusing on youth sports and community engagement [4] - The company is recognized as one of Japan's largest operators of children's sports schools, emphasizing the development of non-cognitive skills through a holistic approach [4] - Leifras also operates a social business sector, dispatching sports coaches to promote physical health, social inclusion, and community well-being [4]