Medirom healthcare technologies inc. announces closing of public offering

Tokyo, dec. 11, 2024 (globe newswire) -- medirom healthcare technologies inc. (nasdaq: mrm), “medirom”, a holistic healthcare company that operates over 300 wellness salons across japan and provides healthcare services, today announced the closing of its public offering of 2,860,000 american depositary shares at a public offering price of $1.75 per share, for gross proceeds of approximately $5,000,000 before deducting underwriting discounts and offering expenses. in addition, medirom has granted the underwriters a 45-day option to purchase up to an additional 429,000 american depositary shares to cover over-allotments at the public offering price, less the underwriting discount.
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