4414：FLECT　
IPO Summary and Prospectus Explanation

 Index

• AI-Analysis
• CompanyOverview
• Initial Public Offering Memo
• Financial Memo
• Major Shareholders Memo

 AI Analysis

■AI Analysis

■AI Analysis Chart

 CompanyOverview

• Company Name：FLECT
• Business：クラウドインテグレーションによるDX支援、SaaS型モビリティ業務最適化クラウドサービス「Cariot」の提供.
• The industry sector is Information&Communication.
• Scheduled to be listed on MOTHERS.
• The company size is that assumed market capitalization is
  approx. 66 Million JPY (excluded public offering), approx. 72 Million JPY (included public offering).
• The lead manager is 大和.

Initial Public Offering Memo

■ Market Cap | Offering rate | Dilution rate | lock-up information

• The company size is assumed market capitalization is
  approx. 66 Million JPY (excluded new issues), approx. 72 Million JPY (included new issues).
• The total amount of new issues is 6.4 Million JPY.
• The total amount of public offering is 8.4 Million JPY.
• The dilution ratio from the new issues is 10%.
• Rate of offering is aprrox. 13%.
• The number of outstanding shares is 2,591,900 shares (excluded new issues),
  2,841,900 shares (included new issues).
• The number of diluted shares for stock acquisition rights is 351,800 shares.
• Date of 90-day lockup release (initially scheduled) is March 9, 2022.
• Date of 180-day lockup release (initially scheduled) is June 7, 2022.

■ Book building schedule | Payment schedule

• Book building Period *1：November 24, 2021(wed.) - November 30, 2021(Tue.)
  
• Priced date *2     ：December 1, 2021(wed.)　
• Payment Period *3   ：December 3, 2021(Fri.) - December 8, 2021(wed.)
  
• Listing Date      ：December 10, 2021(Fri.)

■ Detail of new issue or public offering

• Unit of application：100 shares (Minimum deposit amount is 255,000 JPY.)
• Assumed issue price：2210 JPY
• Tentatively price range：2210 JPY - 2550 JPY
• Public offering price：2550 JPY
• The initial price on listed：5810 JPY(＋127.8％)

• Newly Issued Shares：250,000 shares (Domestic：250,000 shares ＋ Overseas：0 shares)
• Public offering shares：330,700 shares (Domestic：330,700 shares ＋ Overseas：0 shares)
• Number of domestic unit：5,807 Unit

• The lead manager is 大和証券.
• The another securities companies are 三菱ＵＦＪモルガン・スタンレー証券/野村證券/みずほ証券/ＳＭＢＣ日興証券/ＳＢＩ証券.

■ New issue or public offering - condition history

※：( ) indicates the breakdown.
e.g. In the case of a PO(overseas), there are domestic and overseas allotments of the public offering, of which the overseas allotment is indicated.
PO : Public offering　OA : Over allotment