Kioxia Holdings Corporation (Ticker: 285A JP) is a technology company specializing in NAND flash memory and solid-state storage solutions for consumer electronics, data centers, and industrial applications. Kioxia will list on December 18 on the Tokyo Stock Exchange Prime Market.

The firm is offering shares with a total offer size of approximately USD 700 million. The expected market capitalization at the offering is approximately USD 5.04 billion. The offering is managed by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. and Nomura.