According to news on July 26, the listing application of Earlyworks Co., Ltd, a Japanese blockchain technology company operating a proprietary private blockchain technology grid ledger system (GLS), was disclosed by the US Securities and Exchange Commission. On the 25th, it was listed and traded on Nasdaq, the stock code is ELWS. Earlyworks will issue 1,200,000 American Depositary Shares (ADS) through an initial public offering (IPO), priced at $5 each, and is expected to raise $6 million after deducting underwriting discounts and other related expenses.
According to previous news, Japanese blockchain technology company Earlyworks submitted an IPO application to the US SEC on December 31, 2022.