Tokyo's Mothers Market has approved an initial public offering for the space provider that would enable Opt, CyberAgent, Tokyo Tatemono, JTB, Tokyo Metro, Mynavi and Recruit to exit.
Space Market, a Japan-based physical space rental platform backed by corporates Opt, CyberAgent, Tokyo Tatemono, JTB, Tokyo Metro and Recruit, has been approved for an initial public offering, The Bridge has reported.
The company plans to float on Tokyo Stock Exchange’s Mothers Market on December 20, issuing some 520,000 shares, with almost 270,000 shares reserved for the over-allotment option.
Founded in 2014, Space Market runs an online platform where businesses can rent space in disused venues, taking a commission from…
