Japan-based recycling firm Seahawk Recycling increases shares offered by 88% ahead of $19 million US IPO
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Seahawk Recycling Holdings, a Japan-based recycling firm, has increased its IPO share offering by 88%, now planning to raise $19 million by offering 3.8 million shares priced between $4 and $6. This adjustment raises the expected proceeds significantly, with a market cap of $136 million. The company specializes in paper and scrap metal recycling and aims to list on Nasdaq under the symbol SEAH, with Cathay Securities as the sole bookrunner.
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