Medirom healthcare technologies inc. announces pricing of upsized $12.0 million initial public offering and listing on nasdaq

New york, dec. 28, 2020 (globe newswire) -- medirom healthcare technologies inc. (nasdaqcm:mrm) (“medirom”), the holistic healthcare company from japan, announced the pricing of its initial public offering of 800,000 american depositary shares (adss) at a price of us$15.00 per ads. each ads represents one common share of medirom. the adss are expected to begin trading on the nasdaq capital market on december 29, 2020, under the symbol “mrm.” gross proceeds before deducting underwriting discounts and commissions and other offering expenses are expected to be us$12.0 million. the closing of the offering is expected to occur on december 31, 2020, subject to the satisfaction of customary closing conditions.
MRM Ratings Summary
MRM Quant Ranking