The CyberAgent, Dentsu, FreakOut, Hakuhodo DY, Will Group and Z Holdings-backed adbot developer is set to list on TSE’s Mothers Market on December 23.

Japan-based, corporate-backed advertising chatbot developer Zeals has been approved to list on the Tokyo Stock Exchange (TSE)’s Mothers Market on December 23.

The company plans to issue 2.5 million shares and will set a price range on December 7 before pricing them eight days later. It has allocated some 1.11 million shares for the over-allotment option.

Founded in 2014, Zeals initially created an automated conversation software and chatbot management tool dubbed Fanp, but later pivoted its business to focus…

Edison Fu

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