4427：EduLab Inc　
IPO Summary

 Index

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

 AI Analysis

■AI Analysis

■AI Analysis Chart

 CompanyOverview

• Company Name：EduLab Inc
• Business：教育測定技術とAIを活用した次世代教育向けe-Testing/e-Learning事業及びテスト運営・受託事業.
• The industry sector is Information&Communication.
• Scheduled to be listed on MOTHERS.
• The company size is that assumed market capitalization is
  approx. 241 Million JPY (excluded public offering), approx. 271 Million JPY (included public offering).
• The lead manager is ＳＭＢＣ日興.

Initial Public Offering Memo

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

• The company size is assumed market capitalization is
  approx. 241 Million JPY (excluded new issues), approx. 271 Million JPY (included new issues).
• The total amount of new issues is 29.8 Million JPY.
• The total amount of public offering is 23.2 Million JPY.
• The dilution ratio from the new issues is 12%.
• Rate of offering is aprrox. 10%.
• The number of outstanding shares is 7,542,600 shares (excluded new issues),
  8,474,600 shares (included new issues).
• The number of diluted shares for stock acquisition rights is 1,024,400 shares.
• Date of 90-day lockup release (initially scheduled) is March 20, 2019.
• Date of 180-day lockup release (initially scheduled) is June 18, 2019.

■ Book building schedule | Payment schedule

• Book building Period *1：December 6, 2018(Thu.) - December 12, 2018(wed.)
  
• Priced date *2     ：December 13, 2018(Thu.)　
• Payment Period *3   ：December 14, 2018(Fri.) - December 19, 2018(wed.)
  
• Listing Date      ：December 21, 2018(Fri.)

■ Detail of new issue or public offering

• Unit of application：100 shares (Minimum deposit amount is 320,000 JPY.)
• Assumed issue price：2800 JPY
• Tentatively price range：2800 JPY - 3200 JPY
• Public offering price：3200 JPY
• The initial price on listed：3270 JPY(＋2.2％)

• Newly Issued Shares：932,000 shares (Domestic：932,000 shares ＋ Overseas：0 shares)
• Public offering shares：724,100 shares (Domestic：724,100 shares ＋ Overseas：0 shares)
• Number of domestic unit：16,561 Unit

• The lead manager is ＳＭＢＣ日興証券.
• The another securities companies are みずほ証券/三菱ＵＦＪモルガン・スタンレー証券/マネックス証券.

■ 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