Japanese blockchain company Earlyworks has been listed on Nasdaq and plans to raise $6 million through an IPO

ChainCatcher news, the listing application of the Japanese blockchain technology company Earlyworks Co., Ltd, which operates a proprietary private blockchain technology grid ledger system (GLS), has been disclosed by the U.S. Securities and Exchange Commission. It was listed and began trading on NASDAQ on July 25 local time, with the stock code "ELWS," and is currently priced at $3.6 per share. Earlyworks will issue 1,200,000 American Depositary Shares (ADS) through its initial public offering (IPO), priced at $5 per share, and is expected to raise $6 million after deducting underwriting discounts and other related expenses.

Previous news, the Japanese blockchain technology company Earlyworks submitted its IPO application to the SEC in December 31, 2022.