Tokyo Stock Exchange has approved an initial public offering for enterprise communication platform Chatwork that will enable GMO Venture Partners to exit.

Chatwork, a Japan-based enterprise chat tool provider backed by internet company GMO, received approval yesterday for an initial public offering on the Tokyo Stock Exchange.

The company will list on the TSE Mothers Market on September 24 after issuing 600,000 shares, with up to 1.27 million additional shares reserved for the over-allotment option. It expects to set a price range on August 29 and a final share price on September 6.

Chatwork has built a secure group video and messaging…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.