REZIL Inc (Ticker: 176A JP) is an electric distribution company based in Japan. The company specializes in providing solutions for the electric power supply chain, leveraging advanced digital technologies such as AI, IoT, and cloud computing to support a distributed energy ecosystem aimed at decarbonization.
REZIL Inc is set to list on the Tokyo Stock Exchange on April 24, 2024. The firm plans to offer 5.16 million shares, with a primary offering of 150,000 shares and a secondary offering of 5.01 million shares, priced between JPY 1,100 and JPY 1,200 per share. The total expected offer size is JPY 6.19 billion (approximately USD 40.77 million). Daiwa Securities Co Ltd is managing the offering. The IPO also includes a greenshoe option of 773,200 shares.