ChainCatcher news, the listing application of the Japanese blockchain technology company Earlyworks Co., Ltd, which operates a proprietary private blockchain technology grid ledger system (GLS), has been disclosed by the U.S. Securities and Exchange Commission. It was listed and began trading on NASDAQ on July 25 local time, with the stock code "ELWS," and is currently priced at $3.6 per share. Earlyworks will issue 1,200,000 American Depositary Shares (ADS) through its initial public offering (IPO), priced at $5 per share, and is expected to raise $6 million after deducting underwriting discounts and other related expenses.Previous news, the Japanese blockchain technology company Earlyworks submitted its IPO application to the SEC in December 31, 2022.

ChainCatcher News: Japanese blockchain technology company Earlyworks Co., Ltd has applied for an IPO with the U.S. Securities and Exchange Commission (SEC), planning to list on the Nasdaq Capital Market.Founded in May 2018, Earlyworks is a Japanese company operating a proprietary private blockchain technology Grid Ledger System (GLS) aimed at leveraging blockchain technology across various industries. Earlyworks states that it has validated the applicability of GLS in virtual spaces, finance, and more, and is currently collaborating with Japanese listed company Ambition DX Holdings to apply GLS in an online rental signing system. (Source link)