Our Technical Advisor Mr. Hamajima Has Published an Article on International Tax Rules
In March 2023, BEPS 2.0, including its Pillar Two, was enacted as part of the tax reform bill in the Japanese National Diet. We imagine that many large corporations have already commenced their tax compliance efforts in response to this. However, it is also necessary to consider the resulting impact of these tax measures on …
Syla Technologies Lists on Nasdaq
(Image courtesy of the Syla Technologies website.) On March 31, 2023, Syla Technologies Co., Ltd. (“Syla”), a company that develops a WealthTech business centered on its “Rimawari-kun” asset management platform and “Rimawari-kun AI,” was listed on Nasdaq. (Source: Syla Press Release) Syla’s Path to Nasdaq Listing Syla first submitted a confidential Draft Registration Statement (DRS) …
A.L.I. Lists on Nasdaq via De-SPAC
(Image courtesy of the AERWINS website.) On February 6, 2023, the holding company of A.L.I. Technologies (A.L.I.), a developer of air mobility solutions including drones and hoverbikes, completed its merger (De-SPAC) with a U.S. SPAC (Pono Capital Corp.). The company changed its name to AERWINS Technologies Inc. and was listed on Nasdaq. A.L.I.’s Path to …
Publication of SAB 121 – Changes in US GAAP for Accounting Treatment of Customer Crypto-Assets
Please note that the original article is in Japanese. The following is a summary of its content. Summary: Two Major Changes from SAB 121 On March 31, 2022, the U.S. Securities and Exchange Commission (SEC) published Staff Accounting Bulletin No. 121 (SAB 121). This bulletin provides interpretive guidance for companies that safeguard crypto-assets for their …
Interview with SAWAI GROUP HOLDINGS Co., Ltd. ~The Background of the Holding Company Transition and the Practice of SEC Registration~
Please note that the original article is in Japanese. The following is a summary of its content. The Trigger for SEC Registration On April 1, 2021, Sawai Pharmaceutical Co., Ltd. (Sawai Pharmaceutical), a company well-known for generic drugs, transitioned to a holding company structure by establishing SAWAI GROUP HOLDINGS Co., Ltd. as its new parent …
Video of 2nd Nasdaq IPO Seminar Now Available
On May 12, we held our second Nasdaq IPO Seminar at Venture Café Tokyo. The content of the seminar is now available for viewing at the link below. Please take a look. 2nd Nasdaq IPO Seminar: The Realities of Medirom’s Nasdaq IPO – YouTube Many questions arise when considering a Nasdaq IPO: “I am interested …
Video of 1st Nasdaq IPO Seminar Now Available
On April 14, we held our first Nasdaq IPO Seminar at Venture Café Tokyo. The content of the seminar is now available for viewing at the link below. Please take a look. 1st Nasdaq IPO Seminar: A Thorough Explanation of What is Required for Japanese Companies/Startups to List on Nasdaq – YouTube In 2021, the …
Follow-on Offering
Venture Company Succeeds in Additional Nasdaq Fundraising Immediately After IPO On January 28, 2022, Mainz Biomed N.V., a German molecular genetics diagnostic venture focused on the early detection of cancer, conducted its second public offering. It sold 1.5 million shares at $15 per share, raising $22.5 million (approx. 2.7 billion JPY, converted at 120 JPY/USD). …
Coincheck to List on Nasdaq via SPAC
Coincheck to List on Nasdaq via SPAC On March 22, 2022, Monex Group, Inc. announced that its subsidiary Coincheck, Inc., which operates a crypto asset exchange business, will list on the U.S. Nasdaq market within the year through a merger with a Special Purpose Acquisition Company (SPAC). It was believed that several other companies in …
Yoshitsu Co., Ltd. Lists on Nasdaq
Yoshitsu Co., Ltd., which operates “Tokyo Seikatsukan” drugstores and an e-commerce (EC) business for cosmetics, health foods, and daily goods, filed a Registration Statement (Form F-1) with the SEC on August 27, 2021. Its SEC registration was completed on December 23, and it was listed on Nasdaq on January 13, 2022. (See the official HP …