Micware Co., Ltd. prices upsized IPO at eight dollars per share. The Japan-based software and IT solutions provider announced pricing of 2.85 million American Depositary Shares on the Nasdaq Global Market under ticker MWC, expected to commence trading May 14, 2026. The offering is projected to raise 22.8 million dollars in gross proceeds before underwriting costs. Alliance Global Partners serves as sole book-running manager. Micware specializes in automotive and mobility sector technology, including proprietary in-vehicle infotainment software. The company plans to allocate proceeds toward its Dynamic Street Map and Marketplace project, expansion of the micAuto-PF platform, general corporate purposes, strategic investments in Software Defined Vehicles and Location-Based Services segments, and marketing initiatives.
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