Micware Co., Ltd. Announces Closing of Upsized Initial Public Offering
| The Manila Times
KOBE, Japan, May 15, 2026 (GLOBE NEWSWIRE) -- Micware Co., Ltd. (Nasdaq: MWC) (the 'Company” or 'Micware”), a Japan-based provider of software development services and innovative IT solutions mainly focused on the automotive and mobility sectors, today announced the closing of its upsized initial public offering (the 'Offering”) of 2,850,000 American Depositary Shares ('ADSs”) at a public offering price of US$8.00 per ADS. Each ADS represents one ordinary share of the Company. The ADSs began trading on the Nasdaq Global Market on May 14, 2026 under the ticker symbol 'MWC.” The Company received aggregate gross proceeds of US$22.8 million from the Offering, before deducting underwriting discounts and offering expenses.