Kioxia, backed by Bain Capital, plans to submit a preliminary Tokyo Stock Exchange listing application in August, with potential listing by October.
Kioxia, a chipmaker backed by Bain Capital, plans to submit a preliminary application to list shares on the Tokyo Stock Exchange, with a full application expected in August and potential listing by end of October. Bain aims to recover capital by selling shares, while Kioxia plans to raise capital by issuing new shares. The chipmaker postponed an IPO plan in 2020 due to market uncertainties.
June 26, 2024
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