On January 13, 2022, Yoshitsu Co., Ltd (the “Company”), a retailer and wholesaler of Japanese beauty and health products, as well as other products in Japan, successfully closed its initial public offering (the “IPO”) of 6,250,000 American Depositary Shares (“ADSs”) at a price to the public of US$4.00 per ADS, which included 250,000 ADSs issued pursuant to the partial exercise of the underwriters’ over-allotment option. Each ADS represents one ordinary share of the Company. The Company received aggregate gross proceeds of US$25 million from the IPO, before deducting underwriting discounts and other related expenses.
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Welsbach Technology Metals Acquisition Corp., a Delaware company incorporated as a blank check company, announced today the closing of its initial public offering and the sale of 7,500,000 units, at a purchase price of $10 per unit, for aggregate gross proceeds of approximately $75,000,000.