Micware Co., Ltd. Announces Closing of Upsized Initial Public Offering in the U.S.

Micware Co., Ltd., a Japanese software development and IT solutions provider focused on the automotive and mobility sectors, announced the closing of its upsized IPO of 2,850,000 American Depositary Shares (ADSs) at a price of $8.00 per ADS. Trading commenced on the Nasdaq Global Market under the ticker 'MWC' on May 14, 2026. Gross proceeds from the offering were $22.8 million. The funds will be used for expanding its DSMM project and micAuto-PF platform, strategic investments, and general corporate purposes.