The ad optimisation platform’s IPO will enable Colopl, Credit Saison, CyberAgent, Dai Nippon Printing, Denstu, Fidelity, GMO, Gree, Mizuho, NTT, SBI and Yahoo Japan to exit.

Tokyo Stock Exchange (TSE) has approved Kaizen Platform, a US-headquartered smartphone and website marketing software developer backed by several corporate investors, to list on the Mothers Market on December 22.

The company is set to issue about 1.6 million shares, with 751,000 shares reserved for the over-allotment option.

TSE will reveal the initial public offering’s price range on December 3. Bookbuilding will begin on December 7 while pricing is scheduled for December 11. Kaizen Platform’s valuation will stand at roughly…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.