Batonz ends debut day without initial price as buy orders outweigh sell side

Batonz Co., Ltd. <554A>, which listed on the Tokyo Stock Exchange Growth Market on Tuesday, ended its debut day without forming an initial price. Buy orders for the M&A platform operator significantly outweighed sell interest throughout the session. The indicated price started at 660 yen, matching its public offering price, and climbed steadily but failed to find a clearing price. No trades were executed, leaving the stock unquoted and buy-heavy at the close.

Source: MINKABU PRESS

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