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Softechnix Opens With Buy Orders on First Day of Trading on TSE Standard Market
Softechnix <550A>, newly listed on the Tokyo Stock Exchange Standard Market and the Nagoya Stock Exchange Main Market today, opened trading at \1,940 ? in line with its initial public offering price ? with buy orders only and no sellers.
The company is an independent systems development firm headquartered in Nagoya. Its core operations encompass software development services, including contract development and engineer staffing, as well as medical IT services such as implementation support for medical fee statement (receipt) software and electronic medical record integration. On the software development side, the company offers modernization solutions, disaster prevention solutions, logistics solutions, media solutions, and cloud solutions. The offering comprised 106,100 newly issued shares and 135,600 secondary shares, with an additional 36,200 shares available under the over-allotment option. Okasan Securities served as the lead underwriter.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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