5595：Institute for Q-shu Pioneers of Space 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：Institute for Q-shu Pioneers of Space Inc
• Business：小型SAR衛星の開発、製造、小型SAR衛星より取得した画像データ販売.
• The industry sector is Information&Communication.
• Scheduled to be listed on TSE-Growth.
• The company size is that assumed market capitalization is
  approx. 102 Million JPY (excluded public offering), approx. 137 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. 102 Million JPY (excluded new issues), approx. 137 Million JPY (included new issues).
• The total amount of new issues is 34.8 Million JPY.
• The total amount of public offering is 5.2 Million JPY.
• The dilution ratio from the new issues is 34%.
• Rate of offering is aprrox. 5%.
• The number of outstanding shares is 26,081,500 shares (excluded new issues),
  35,000,100 shares (included new issues).
• The number of diluted shares for stock acquisition rights is 3,573,900 shares.
• Date of 90-day lockup release (initially scheduled) is March 4, 2024.
• Date of 180-day lockup release (initially scheduled) is June 2, 2024.

■ Book building schedule | Payment schedule

• Book building Period *1：November 20, 2023(Mon.) - November 27, 2023(Mon.)
  
• Priced date *2     ：November 28, 2023(Tue.)　
• Payment Period *3   ：November 29, 2023(wed.) - December 4, 2023(Mon.)
  
• Listing Date      ：December 6, 2023(wed.)

■ Detail of new issue or public offering

• Unit of application：100 shares (Minimum deposit amount is 39,000 JPY.)
• Assumed issue price：380 JPY
• Tentatively price range：380 JPY - 390 JPY
• Public offering price：390 JPY
• The initial price on listed：860 JPY(＋120.5％)

• Newly Issued Shares：8,918,600 shares (Domestic：7,226,100 shares ＋ Overseas：1,692,500 shares)
• Public offering shares：1,337,700 shares (Domestic：1,337,700 shares ＋ Overseas：0 shares)
• Number of domestic unit：85,638 Unit

• The lead manager is ＳＭＢＣ日興証券.
• The another securities companies are みずほ証券/ＳＢＩ証券/東海東京証券/岡三証券/ＦＦＧ証券/楽天証券/松井証券/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