On October 10, 2024, TAAD LLP will host a hybrid session titled “The Reality and Challenges of Micro-Cap Companies Going Public in the U.S.” to discuss the complexities and realities of the U.S. IPO process for Japanese businesses.
As more Japanese companies explore opportunities to go public in the U.S., the journey from the initial public offering (IPO) to maintaining a listing has proven to be both rewarding and challenging. For micro-cap companies, in particular, the path is often filled with unique hurdles that require strategic foresight and careful planning.
Session Details:
📅 Date: October 10, 2024
⏰ Time: 19:00 – 20:00 JST
📍 Venue: CIC Tokyo (15F, Toranomon Hills Business Tower, Tokyo)
💻 Format: Hybrid (In-Person & Online)
🔗 Pre-register Now: https://venturecafetokyo.org/sessions/reality-challenges-of-us-listing-for-micro-cap-companies/
Why Attend?
Since the listing of MEDIROM on Nasdaq in December 2020, there has been a significant increase in the number of Japanese companies looking to list on U.S. markets. From December 2020 to the end of 2023, 10 Japanese micro-cap companies, including MEDIROM, successfully listed on U.S. exchanges. While many celebrated the milestone of going public, the challenges of maintaining these listings have become increasingly apparent.
This session will cover critical insights into the realities faced by companies post-listing, including:
- The Advantages vs. Disadvantages of Listing on U.S. Markets: Understanding both the opportunities and risks involved.
- Lessons from Companies Struggling to Maintain Listings: Real-life examples of companies that have faced difficulties, and what others can learn from their experiences.
- What Future IPO Aspirants Should Know: For companies planning to list on U.S. exchanges, this session will provide essential guidance to navigate the often unpredictable landscape of U.S. regulatory requirements, market expectations, and financial pressures.
Special Guest from Nasdaq
The session will feature Morimasa Ueda, Audit Partner at TAAD LLP. With previous roles at Ernst & Young LLP in New York and SingerLewak LLP, Morimasa Ueda brings extensive expertise in conducting PCAOB audits under U.S. GAAP. His deep experience assisting foreign companies with U.S. operations, particularly in cross-border transactions, makes him a trusted advisor for businesses navigating complex regulatory environments. Ueda is a U.S. Certified Public Accountant in both New York and California and holds a certification in “The Fundamentals of Sustainability Accounting” from IFRS.
Additionally, a Nasdaq representative in Japan will offer critical insights on what Japanese companies should consider before going public in the U.S., and how to achieve long-term success post-IPO. This session is essential for companies aiming to expand their global footprint through an IPO.
How to Join
Whether you attend in person at CIC Tokyo or join us online, this session is designed to be interactive and informative.
- In-Person Participation: Join us at CIC Tokyo, Toranomon Hills Business Tower.
- Online Participation: You can join the event virtually. Simply pre-register, and 10 minutes before the session starts, the “Pre-Register” button will change to “Join Online.”
This event is free to attend, but pre-registration is required. Don’t miss the opportunity to gain insights from industry experts and learn about the next steps for your company’s growth and global expansion.
🔗 Pre-register today! https://venturecafetokyo.org/sessions/reality-challenges-of-us-listing-for-micro-cap-companies/