Japanese Blockchain Company Earlyworks Approved for Nasdaq Listing, Plans to Raise $6 Million through IPO

Earlyworks, a Japanese blockchain technology company operating a proprietary private blockchain technology called Grid Ledger System (GLS), has been approved for listing on Nasdaq. According to a disclosure from the US Securities and Exchange Commission, Earlyworks' IPO was listed on Nasdaq on July 25th under the stock code "ELWS". Earlyworks plans to issue 1,200,000 American Depositary Shares (ADS) priced at $5 per share, and expects to raise a total of $6 million in revenue from the offering after deducting underwriting discounts and other related expenses.

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