IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Weekly Deals Digest (12 Jul) - Archion, Kakaku, Dentsu, Shengmu, Dida, Accent, Steadfast, Vault

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Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

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<li>
<a href="https://www.smartkarma.com/entities/archion-corporation" target="_blank" data-smartkarma-citation="entities:47577:1" rel="noopener">Archion (543A JP)</a> has announced a secondary offering of 787.9 million shares (906.0 million including overallotment), worth around US$1.4 billion (US$1.7 billion including overallotment).</li>
<li>The offering was expected, as it would enable Toyota Motor and Daimler Truck to reduce their respective shareholdings to 25% of the total shares, thereby increasing the tradable share ratio.</li>
<li>The offering, as a percentage of outstanding shares, is the fourth-highest, and, in terms of ADV, the highest among large Japanese placements since 2021. </li>
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Archion (543A JP) has announced a secondary offering of 787.9 million shares (906.0 million including overallotment), worth around US$1.4 billion (US$1.7 billion including overallotment).
The offering was expected, as it would enable Toyota Motor and Daimler Truck to reduce their respective shareholdings to 25% of the total shares, thereby increasing the tradable share ratio.
The offering, as a percentage of outstanding shares, is the fourth-highest, and, in terms of ADV, the highest among large Japanese placements since 2021. 


Archion (543A JP): A US$1.7 Billion Secondary Offering