Tokyo Lifestyle Co., Ltd.

Tokyo Lifestyle Co., Ltd. (TKLF) priced its initial public offering on Jan 11, 2022 at $4.00 per ADS, raising $24M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $144M. Hunter Taubman Fischer & Li, Soga Law Office, GFE Law Office and Sullivan & Worcester advised the company.

Tokyo Lifestyle Co., Ltd. is a Tokyo-headquartered retailer and wholesaler of Japanese beauty and health products and other goods. It sells cosmetics, skin care, supplements and home goods through its own stores, online stores, franchise stores and wholesale customers.

Status

IPO

Ticker

TKLF

Exchange

Nasdaq Capital Market

Priced

Jan 11, 2022

IPO price

$4.00 per ADS

Raised

$24M

Market cap at IPO price

$144M

First filed

Aug 27, 2021

Company counsel

Hunter Taubman Fischer & Li, Soga Law Office, GFE Law Office and Sullivan & Worcester

Sector

Consumer

Country / state

Japan

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.