Micware Co., Ltd. filed a Form F-1 registration statement for an initial public offering on 2026-03-06. It has amended it 3 times. It filed its final prospectus on 2026-05-15, at a public offering price of $8.00 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
We have received approval to list the ADSs on the Nasdaq Global Market (“Nasdaq”) under the symbol “MWC.”From the 424B4 filed 2026-05-15
Shares offered
We are offering 2,850,000 ADSs, and each ADS represents one Ordinary Share.From the 424B4 filed 2026-05-15
Offering price
on a pro forma as-adjusted basis to reflect the issuance and sale of 2,850,000 Ordinary Shares in the form of 2,850,000 ADSs by us in this offering based on the initial public offering price of $8.00 per ADS, after deducting the estimated underwriting discounts, non-accountable expense allowance, and the estimated offering expenses payable by us.From the 424B4 filed 2026-05-15
Use of proceeds
We intend to use the net proceeds from this offering for (i) our DSMM project and the expansion of micAuto-PF;From the 424B4 filed 2026-05-15
Revenue
For the six months ended August 31, 2025, we had total revenue of JPY10,261.1 million (approximately US$69.9 million).From the F-1/A filed 2026-04-27
Net loss or income
For the six months ended August 31, 2025 and the fiscal years ended February 28, 2025 and February 29, 2024, we had net income of JPY702.9 million (approximately US$4.8 million), JPY1,330.6 million (approximately US$8.8 million), and JPY1,370.6 million, respectively.From the F-1/A filed 2026-04-27
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2026-03-06 | Registration statement filed (foreign issuer) | F-1 |
| 2026-04-02 | Registration statement amended (foreign issuer) | F-1/A |
| 2026-04-15 | Registration statement amended (foreign issuer) | F-1/A |
| 2026-04-27 | Registration statement amended (foreign issuer) | F-1/A |
| 2026-05-15 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.