SGX-Nasdaq Dual-Listing Bridge: A New Paradigm for Cross-Border Listings
Noriko Nirei
Dec 6, 2025
The Movement of Japanese Companies Aiming for Nasdaq Continues This year, AERWINS Technologies Inc. (the holding company of A.L.I. Technologies) listed via SPAC in February, and Syla Technologies Co., Ltd. conducted an IPO in March. Following this, on June 7, Mediagene Inc. announced (Here) that it would list on Nasdaq via a SPAC merger, integrating …
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 …
(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) …
(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 …
We are excited to announce the launch of our new website, Japan Business Concierge. https://japanbusinessconcierge.com/ Companies seeking to enter the Japanese market often face difficulties in obtaining up-to-date and relevant information about Japanese laws, taxes, and business practices. We, Quantum Accounting, can navigate [pilot] you through this complex market so that you can reach your …
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 …
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 …
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 …
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 …
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). …
