Gree, Opt, NEC and Sony are among the shareholders that will exit the asset management platform operator, which is set to go public in a $26.5m offering.
WealthNavi, a Japan-based automated investment software provider backed by corporates Gree, Opt, NEC Corporation and Sony, has been approved to float on the Tokyo Stock Exchange (TSE).
The company will list on TSE Mothers Market on December 22 and is set to issue 2.5 million shares priced at ¥1,100 ($10.60) each to raise $26.5m according to The Bridge, with some 1.6 million shares reserved for the greenshoe option.
The price range for the initial public offering will be revealed on…
