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The latest announcement is out from LogProstyle Inc. ( (LGPS) ).
LogProstyle Inc. successfully completed its initial public offering (IPO) on March 26, 2025, raising $10 million through the sale of 2,000,000 common shares priced at $5.00 each. The shares began trading on the NYSE American under the ticker symbol ‘LGPS’ on March 25, 2025. The proceeds from the IPO are earmarked for expanding the company’s ProstyleRyokan business in Japan and establishing joint ventures to develop Machinaka Ryokans in the United States and the United Arab Emirates. The company also plans to invest in its real estate renovation and resale businesses across Japan, other Asian countries, and the United States. This strategic move is expected to enhance LogProstyle’s market presence and operational capacity in both domestic and international markets.
More about LogProstyle Inc.
LogProstyle Inc. is a Japanese company engaged in real estate development, hotel management, and restaurant management. The company focuses on providing innovative and sustainable living solutions under its slogan ‘redefine lifestyle.’
See more data about LGPS stock on TipRanks’ Stock Analysis page.