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Softtex's IPO Price Set at \1,940, Scheduled to List on Standard Market on April 9
Softtex <550A>, scheduled to list on the Tokyo Stock Exchange Standard Market and Nagoya Stock Exchange Main Market on April 9, has set its initial public offering price at \1,940, the upper end of its indicative price range of \1,910 to \1,940.
The company is an independent system development firm based in Nagoya. Its core businesses include software development services such as contract development and engineer dispatching, as well as medical IT services including implementation support for receipt (medical fee statement) software and electronic medical record integration. In software development, the company handles modernization solutions, disaster prevention solutions, logistics solutions, media solutions, and cloud solutions. The offering includes 106,100 new shares and 135,600 existing shares for sale, along with an overallotment of 36,200 shares. Okasan Securities is serving as the lead underwriter.
Source: MINKABU PRESS
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