
VC-backed Value HR sees shares double after $8.5m Japan IPO
VC-backed Value HR, a Japanese human resources benefits service provider, saw its stock more than double in value to JPY4035 ($41.5) on its trading debut in Tokyo on Friday.
The company sold 414,000 shares, including 245,000 new shares, at JPY2,000 apiece to raise JPY828 million in its IPO. The issue represents around a third of the company's outstanding shares post IPO. Nomura...
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